HCI Group Announces Significant Quarterly Cash Dividend
HCI Group Declares Quarterly Cash Dividend
The board of directors of HCI Group, Inc. (NYSE: HCI) recently took an important step by declaring a regular quarterly cash dividend of 40 cents per common share. This move is a testament to the company’s robust performance and commitment to its shareholders. Shareholders are set to receive this dividend on September 19, reinforcing trust and reliability in the company’s financial health.
About HCI Group, Inc.
HCI Group is a prominent holding company that operates two distinct units aimed at achieving excellence in the insurance domain. The first of these includes four well-performing insurance companies, a captive reinsurance company, along with specialized operations in claims management and real estate services. The second unit, known as Exzeo Group, represents a cutting-edge approach to insurance technology, focused on utilizing advanced underwriting algorithms and data analytics to enhance performance.
Innovative Insurance Solutions
Exzeo stands out as a leader in transforming the insurance landscape through innovative technology. By empowering property and casualty insurers with sophisticated underwriting tools, Exzeo facilitates significant improvements in underwriting outcomes, helping companies achieve superior results in a competitive market.
Stock Performance and Market Position
The common shares of HCI Group trade on the New York Stock Exchange under the ticker symbol “HCI”. This prominent positioning allows the company to be part of significant stock indices, including the Russell 2000 and S&P SmallCap 600 Index. This status highlights the company's robust presence within the market and provides investors with a solid investment opportunity.
Investor Information
HCI Group, Inc. ensures transparency and communication with its investors by regularly publishing financial updates and other relevant information on its company website. This initiative reflects the organization’s commitment to shareholder engagement and trust, offering insights into its ongoing progress and strategic initiatives.
Contact Information
For any inquiries or more information about HCI Group and its subsidiaries, you can reach out to the company’s Investor Relations team. Bill Broomall, CFA, is the main point of contact, available at (813) 776-1012 or via email at wbroomall@exzeo.com. Additionally, for investor-related questions, Matt Glover at Gateway Group, Inc. can be contacted at 949-574-3860 or via email at HCI@gateway-grp.com.
Frequently Asked Questions
What is the amount of the declared cash dividend by HCI Group?
The board of directors declared a quarterly cash dividend of 40 cents per common share.
When will the cash dividend be paid?
The dividend is scheduled to be paid on September 19 to shareholders of record as of August 15.
What are the main operating units of HCI Group?
HCI Group operates two distinct units: insurance companies alongside a captive reinsurance company, and the Exzeo Group focused on insurance technology.
Which stock indices include HCI Group, Inc.?
HCI Group is part of the Russell 2000 and S&P SmallCap 600 Index, reflecting its significant market position.
Who can I contact for more information about HCI Group?
For inquiries, Bill Broomall, the Investor Relations contact, can be reached at (813) 776-1012 or through email.
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