TAMPA, Fla., Sept. 13, 2011 (GLOBE NEWSWIRE) -- Homeowners Choice, Inc. (Nasdaq:HCII), a Florida-based insurance holding company, today 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 Sept. 30, Oct. 31 and Nov. 30, 2011.
The Sept. 2011 dividend is payable Oct. 27, 2011 to shareholders of record at the close of business on Oct. 1, 2011.
The Oct. 2011 dividend is payable Nov. 28, 2011 to shareholders of record at the close of business on Nov. 1, 2011.
The Nov. 2011 dividend is payable Dec. 27, 2011 to shareholders of record at the close of business on Dec. 1, 2011.
Homeowners Choice, Inc. is a Florida-based insurance holding company headquartered in Tampa. Through its subsidiary corporations, Homeowners Choice provides property and casualty homeowners' insurance, condominium owners' insurance and tenants' insurance. Founded in 2006, Homeowners Choice today serves approximately 59,500 policyholders throughout Florida representing approximately $130 million in annualized premiums. The company's common shares trade on the NASDAQ Global Select Market under the ticker symbol HCII and are included in the Russell Microcap Index. Its warrants trade on the same market under the ticker symbol HCIIW. Its Series A, Cumulative Redeemable Preferred shares trade on the NASDAQ Capital Market under the ticker symbol HCIIP. More information about Homeowners Choice, Inc. is available at www.hcpci.com.
The Homeowners Choice, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6712
CONTACT: Media Contact:
Suzie Boland
RFB Communications Group
813.259.0345
sboland@rfbcommunications.com
Investor Relations Contact:
Jay Madhu
Homeowners Choice, Inc.
813.405.3660
jmadhu@hcpci.com