TAMPA, Fla., July 21, 2022 (GLOBE NEWSWIRE) — The board of administrators of HCI Group, Inc. (NYSE:HCI), a holding firm with operations in householders insurance coverage, data expertise providers, actual property, and reinsurance, has declared an everyday quarterly money dividend within the quantity of 40 cents per frequent share. The dividend is scheduled to be paid September 16, 2022 to shareholders of report on the shut of enterprise August 19, 2022.
About HCI Group, Inc.
HCI Group, Inc. owns subsidiaries engaged in numerous, but complementary enterprise actions, together with householders insurance coverage, data expertise providers, actual property, and reinsurance. HCI’s main insurance coverage operation, TypTap Insurance coverage Firm, is a quickly rising, technology-driven insurance coverage firm that’s increasing nationwide to offer householders and flood insurance coverage. TypTap’s operations are powered largely by insurance-related data expertise developed by HCI’s software program subsidiary, Exzeo USA, Inc. HCI’s largest subsidiary, Owners Alternative Property & Casualty Insurance coverage Firm, Inc., gives householders insurance coverage primarily in Florida. HCI’s actual property subsidiary, Greenleaf Capital, LLC, owns and operates a number of properties in Florida, together with workplace buildings, retail facilities and marinas.
The corporate’s frequent shares commerce on the New York Inventory Alternate beneath the ticker image “HCI” and are included within the Russell 2000 and S&P SmallCap 600 Index. HCI Group, Inc. recurrently publishes monetary and different data within the Investor Data part of the corporate’s web site. For extra details about HCI Group and its subsidiaries, go to www.hcigroup.com.
This information launch might include forward-looking statements made pursuant to the Non-public Securities Litigation Reform Act of 1995. Phrases comparable to “anticipate,” “estimate,” “count on,” “intend,” “plan,” “assured,” “prospects” and “undertaking” and different comparable phrases and expressions are meant to indicate forward-looking statements. Ahead-looking statements aren’t ensures of future outcomes and situations however quite are topic to varied dangers and uncertainties. There may be no assurance, for instance, that adjustments within the firm’s money movement and money balances is not going to influence the power or willingness of HCI Group to pay a dividend. A few of these dangers and uncertainties are recognized within the firm’s filings with the Securities and Alternate Fee. Ought to any dangers or uncertainties turn into precise occasions, these developments may have materials adversarial results on the corporate’s enterprise, monetary situation and outcomes of operations. HCI Group, Inc. disclaims all obligations to replace any forward-looking statements.
Investor Relations Contact:
Gateway Group, Inc.
Tel (949) 574-3860