Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: RumbleFish who wrote (9382)	7/8/2011 4:17:01 PM
From: deeno	Respond to of 34328

doesnt look consistant Amount ExDate Record Date Pay Date Comments 0.1 03/09/11 03/11/11 04/07/11 US Currency 0.1 10/20/10 10/22/10 11/05/10 US Currency 0.1 06/15/10 06/17/10 07/15/10 US Currency 0.12 03/17/10 03/19/10 04/06/10 US Currency 0.2 11/12/09 11/16/09 12/04/09 US Currency 0.12 09/01/09 09/03/09 10/23/09 US Currency 0.12 04/07/09 04/09/09 05/04/09 US Currency 0.1 02/10/09 02/12/09 03/04/09 US Currency 0.2 11/28/08 12/02/08 12/17/08 US Currency 0.1 09/30/08 10/02/08 10/30/08 US Currency 0.1 07/07/08 07/09/08 08/07/08 US Currency

To: RumbleFish who wrote (9382)	7/9/2011 8:43:51 AM
From: Steve Felix	Read Replies (1) \| Respond to of 34328

Great eye Rumblefish. I hadn't noticed, probably because as deeno pointed out, I know they are "lumpy". They are honest about it though. Their statement in every dividend release: "The Board of Directors' decision to declare a dividend at this time reflects the Company's assessment of current business and corporate needs. The Company undertakes similar assessments throughout the year in considering dividend distributions." I'll plan to give them at least through the end of the year and see what happens. Since the board declares them when they want, perhaps they are waiting until this is complete: "05/11/2011 -- Universal Insurance Holdings, Inc. ("Company") (NYSE Amex: UVE) announced today that it filed a Form S-8 registration statement with the Securities and Exchange Commission under which its President and Chief Executive Officer, Bradley I. Meier, may from time to time sell up to 6,050,000 shares of common stock, and the Company may sell up to 2,400,000 shares of common stock" The company did not sell any shares with their last registration statement. Maybe they just want to be able to take advantage if there is a nice move in the stock. The presidents shares would be at least 50 days of average vol., so I wouldn't expect that move anytime soon. ( unless he has had some private transactions, but we won't know for a while ) Even with this sale, insiders will still own over 1/3 of the company, and I believe they will take care of themselves eventually, as they have in the past. They ended last year on a good note: ....04/01/2011....reported net income of $6.2 million, or $0.15 per diluted share, in the fourth quarter of 2010, compared to a net loss of $2.8 million, or $0.07 per diluted share, for the same period in 2009. Full-Year Diluted Earnings per Share Increased 29.6 Percent to $0.92 in 2010 as Compared to $0.71 in 2009.... and kept it going so far this year: ...05/09/2011.....reported net income of $13.9 million, or $0.34 per diluted share, in the first quarter of 2011, compared to net income of $6.9 million, or $0.17 per diluted share, for the same period in 2010. As you said, the company is quiet. Lack of analyst coverage only adds to that, but can also play in our favor. If they can keep the earnings going, I will be interested in seeing what goes on if the stock gets to $5 and some excluded institutions can buy in. With 29% yoy earnings growth, 99% yoy quarterly earnings growth, and one of the lowest PEs in the industry, I have to give them more time, on price alone. Thanks for pointing this out. I'll be watching closer now.

To: RumbleFish who wrote (9382)	8/17/2011 10:08:28 AM
From: Steve Felix	Read Replies (1) \| Respond to of 34328

RumbleFish, should have followed you out of UVE earlier. Parked most of the cash in MHR-D. Universal Insurance Holdings, Inc. Declares Eight Cent Cash Dividend 1:49p ET August 15, 2011 (Market Wire) Universal Insurance Holdings, Inc. ("Company") (NYSE Amex: UVE) announced today that its Board of Directors declared a cash dividend of $0.08 per share on its common stock. The dividend is payable on October 6, 2011, to shareholders of record on September 16, 2011. The Board of Directors' decision to declare a dividend at this time reflects the Company's assessment of current business and corporate needs. The Company undertakes similar assessments throughout the year in considering dividend distributions. Filled Buy 50 MHR-D Limit 44.9999 -- -- 09:55:18 08/17/11 Magnum Hunter Res Corp De... Filled Sell 194 UVE Limit 4.0401 -- -- 09:48:51 08/17/11 Filled Sell 500 UVE Limit 4.0801 -- -- 09:38:23 08/17/11 Filled Sell 6 UVE Limit 4.10 -- -- 09:38:23 08/17/11