TAMPA, Fla., April 17, 2018 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI) has declared a regular quarterly cash dividend in the amount of 37.5 cents per common share for the second quarter of 2018, which represents a 7.1% increase over the previous quarterly rate of 35 cents. The dividend will be paid June 15, 2018 to shareholders of record on the close of business May 18, 2018.
About HCI Group, Inc.
HCI Group, Inc. owns subsidiaries engaged in diverse, yet complementary business activities, including homeowners’ insurance, reinsurance, real estate and information technology. The company's largest subsidiary, Homeowners Choice Property & Casualty Insurance Company, Inc., is a leading provider of property and casualty insurance in the state of Florida.
The company's common shares trade on the New York Stock Exchange under the ticker symbol "HCI" and are included in the Russell 2000 and S&P SmallCap 600 Index. HCI Group, Inc. regularly publishes financial and other information in the Investor Information section of the company’s website. For more information about HCI Group and its subsidiaries, visit www.hcigroup.com.
Kevin Mitchell, Vice President of Investor Relations
HCI Group, Inc.
Tel (813) 405-3603
Investor Relations Contact:
Matt Glover and Najim Mostamand, CFA
Liolios Group, Inc.
Tel (949) 574-3860