Key Developments: HCI Group Inc (HCIIP.OQ)
26.90USD
2 May 2013
$0.90 (+3.46%)
$27.59
$26.89
$26.90
$26.89
400
94
$32.71
$12.59
Latest Key Developments (Source: Significant Developments)
Homeowners Choice Inc Declares Dividends on Preferred Shares
Homeowners Choice Inc announced that its board of directors has declared cash dividends of 5.833 cents per share on its Series A Cumulative Redeemable Preferred Stock (HCIIP) for the months ending September 30, October 31 and November 30, 2012. The September dividend is payable October 29, 2012 to shareholders of record at the close of business on October 1, 2012. The October 2012 dividend is payable November 27, 2012 to shareholders of record at the close of business on November 1, 2012. The November 2012 dividend is payable December 27, 2012 to shareholders of record at the close of business on December 3, 2012. Full Article
Homeowners Choice, Inc. Declares Regular Quarterly Cash Dividend On Common Shares
Homeowners Choice, Inc. announced that its board of directors has declared a regular quarterly cash dividend in the amount of $0.20 per common share. The dividend will be paid September 21, 2012 to shareholders of record on the close of business August 17, 2012. Full Article
Homeowners Choice, Inc. Declares Dividends On Preferred Shares
Homeowners Choice, Inc. announced that its Board of Directors has declared cash dividends of $0.05833 per share on its Series A Cumulative Redeemable Preferred Stock (HCIIP) for the months ending June 30, July 31 and August 31, 2012. The June dividend is payable July 27, 2012 to shareholders of record at the close of business on July 2, 2012. The July 2012 dividend is payable August 27, 2012 to shareholders of record at the close of business on August 1, 2012. The August 2012 dividend is payable September 27, 2012 to shareholders of record at the close of business on September 4, 2012. Full Article
Homeowners Choice, Inc. Announces Pricing Of Follow-on Offering
Homeowners Choice, Inc. announced the pricing of a follow-on public offering of 1,600,000 shares of common stock at a price of $11.75 per share. All shares are being offered by Homeowners Choice. Homeowners Choice intends to use the net proceeds from this offering for working capital and general corporate purposes. Houlihan Lokey Capital, Inc. and Sidoti & Co. LLC are acting as joint book-running managers for the offering. Knight Capital Americas, L.P. is acting as co-manager. The underwriters have an option to purchase up to an additional 240,000 shares of common stock from the Company. Full Article
Homeowners Choice, Inc. Announces Follow-on Offering
Homeowners Choice, Inc. announced a follow-on public offering of 1,600,000 shares of common stock. All shares are being offered by Homeowners Choice. Homeowners Choice intends to use the net proceeds from this offering for working capital and general corporate purposes. Houlihan Lokey Capital, Inc. and Sidoti & Co. LLC are acting as joint book-running managers for the offering. Knight Capital Americas, L.P. is acting as co-manager. The underwriters will have an option to purchase up to an additional 240,000 shares of common stock from the Company. Full Article
Homeowners Choice, Inc. Increases Quarterly Common Dividend
Homeowners Choice, Inc. announced that its Board of Directors has declared a regular quarterly cash dividend on its common shares in the amount of $0.2 per share, representing a 33% increase over the previous quarterly rate of $0.15 per share. The dividend will be paid June 15, 2012 to shareholders of record on the close of business May 17, 2012. Full Article
Homeowners Choice, Inc. Declares Dividends On Preferred Shares
Homeowners Choice, Inc. announced that its board of directors has declared cash dividends of 5.833 cents per share on its Series A Cumulative Redeemable Preferred Stock (HCIIP) for the months ending March 31, April 30 and May 31, 2012. The March dividend is payable April 27, 2012 to shareholders of record at the close of business on April 2, 2012. The April 2012 dividend is payable May 28, 2012 to shareholders of record at the close of business on May 1, 2012. The May 2012 dividend is payable June 27, 2012 to shareholders of record at the close of business on June 1, 2012. Full Article
Homeowners Choice, Inc. Increases Quarterly Common Dividend 20%
Homeowners Choice, Inc. announced that its board of directors has declared a regular quarterly cash dividend on its common shares in the amount of 15 cents per share, representing a 20% increase over the previous quarterly rate of 12.5 cents per share and the second dividend increase in two consecutive quarters. The Company announced an increase in its regular quarterly dividend from $0.10 to $0.125 in November 2011. The dividend will be paid Mar. 16, 2012 to shareholders of record on the close of business Feb. 17, 2012. Full Article
Homeowners Choice, Inc. Increases Quarterly Common Dividend 25%; Sets Special Dividend
Homeowners Choice, Inc. announced that its Board of Directors has declared a regular quarterly cash dividend on its common shares in the amount of $0.125 per share, which represents a 25% increase over the previous quarterly rate of $0.10 per share. The dividend will be paid Dec. 16, 2011 to shareholders of record on the close of business December 1, 2011. In addition, the Homeowners Choice board declared a special dividend of $0.10 per common share to be paid December 16, 2011 to shareholders of record on the close of business December 1, 2011. Full Article
Homeowners Choice, Inc.'s Wholly Owned Insurance Subsidiary Acquires The Florida Policies Of HomeWise Insurance Company.
Homeowners Choice, Inc. announced that its wholly owned insurance subsidiary, Homeowners Choice Property & Casualty Insurance Company, Inc., has acquired the Florida policies of HomeWise Insurance Company. The terms of the deal, approved by the Florida insurance regulators, include the transfer to Homeowners Choice of up to 70,000 homeowners' policies and approximately $53 million of unearned premium. According to Homeowners Choice, exact figures will be unavailable until ongoing policy cancellations and premium refunds are accounted for. The deal remains subject to certain contingencies. Terms were not disclosed. Full Article
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