GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Universal Insurance Holdings Inc (NYSE:UVE) » Definitions » Dividend Yield %

Universal Insurance Holdings (Universal Insurance Holdings) Dividend Yield % : 3.16% (As of Apr. 25, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Universal Insurance Holdings Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Universal Insurance Holdings is 3.16%.

Warning Sign:

Universal Insurance Holdings Inc stock dividend yield is close to 3-year low.

The historical rank and industry rank for Universal Insurance Holdings's Dividend Yield % or its related term are showing as below:

UVE' s Dividend Yield % Range Over the Past 10 Years
Min: 1.15   Med: 2.67   Max: 7.48
Current: 3.16

During the past 13 years, the highest Dividend Yield of Universal Insurance Holdings was 7.48%. The lowest was 1.15%. And the median was 2.67%.

UVE's Dividend Yield % is ranked worse than
55% of 400 companies
in the Insurance industry
Industry Median: 3.51 vs UVE: 3.16

Universal Insurance Holdings's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.37.

During the past 13 years, the highest Dividend Payout Ratio of Universal Insurance Holdings was 1.07. The lowest was 0.16. And the median was 0.20.

As of today (2024-04-25), the Forward Dividend Yield % of Universal Insurance Holdings is 3.16%.

Universal Insurance Holdings's Dividends per Share for the three months ended in Dec. 2023 was $0.16.

During the past 5 years, the average Dividends Per Share Growth Rate was 0.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Universal Insurance Holdings was 121.00% per year. The lowest was -28.40% per year. And the median was 9.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Universal Insurance Holdings Dividend Yield % Historical Data

The historical data trend for Universal Insurance Holdings's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Universal Insurance Holdings Dividend Yield % Chart

Universal Insurance Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.29 4.24 3.76 6.12 4.01

Universal Insurance Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.12 3.51 4.15 4.56 4.01

Competitive Comparison of Universal Insurance Holdings's Dividend Yield %

For the Insurance - Property & Casualty subindustry, Universal Insurance Holdings's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Universal Insurance Holdings's Dividend Yield % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Universal Insurance Holdings's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Universal Insurance Holdings's Dividend Yield % falls into.



Universal Insurance Holdings Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Universal Insurance Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1602024-03-072024-03-082024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1602023-12-072023-12-082023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1602023-08-032023-08-042023-08-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.1602023-05-112023-05-122023-05-19Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Universal Insurance Holdings's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.64/20.30
=3.15 %

Current Share Price is $20.30.
Universal Insurance Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.64.

Universal Insurance Holdings's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.64/20.30
=3.15 %

Current Share Price is $20.30.
Universal Insurance Holdings's Dividends per Share for the forward twelve months is calculated as $0.16 * 4 = $0.64.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Universal Insurance Holdings  (NYSE:UVE) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Universal Insurance Holdings Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Universal Insurance Holdings's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Universal Insurance Holdings (Universal Insurance Holdings) Business Description

Traded in Other Exchanges
Address
1110 West Commercial Boulevard, Fort Lauderdale, FL, USA, 33309
Universal Insurance Holdings Inc is a private personal residential homeowner insurance company. The company all aspects of insurance underwriting, policy issuance, general administration and claims processing and settlement internally through our vertically integrated operations. It generates revenues primarily from the collection of premiums. It operates within Florida and across the United States.
Executives
Sean P Downes director 2875 N.E. 191ST, SUITE 300, MIAMI FL 33180
Stephen Donaghy director, officer: CEO UNIVERSAL INSURANCE HOLDINGS INC., 1110 WEST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33309
Michael Pietrangelo director 6410 POPLAR AVE, STE 190, MIMPHIS TN 38119
Gary Lloyd Ropiecki officer: Principal Accounting Officer 1110 W. COMMERCIAL BLVD., FORT LAUDERDALE FL 33309
Jon Springer director, officer: President and CRO UNIVERSAL INSURANCE HOLDINGS INC., 1110 WEST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33309
Shannon A Brown director 1001 TILLMAN STREET, MEMPHIS TN 38112
Mccahill Francis Xavier Iii director 1314 SOUTH RAMONA AVENUE, INDIALANTIC FL 32903
Scott P. Callahan director 1110 W. COMMERCIAL BLVD., SUITE 100, FORT LAUDERDALE FL 33309
Joel Wilentz director 5811 SW 33RD TERR, FORT LAUDERDALE FL 33312
Ozzie A Schindler director 1451 STILLWATER DRIVE, MIAMI BEACH FL 33141-1031
Richard D Peterson director 1110 WEST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33309
Marlene Gordon director C/O FRESH DEL MONTE PRODUCE INC.,, PO BOX 149222, CORAL GABLES FL 33134
Frank Wilcox officer: CFO, Principal Acct. Officer 1110 W. COMMERCIAL BLVD., SUITE 100, FORT LAUDERDALE FL 33309
Kimberly D Campos director, officer: CIO & CAO 1110 WEST COMMERCIAL BOULEVARD, SUITE 100, FORT LAUDERDALE FL 33309
Ralph J. Palmieri director 1110 WEST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33309