CLEARWATER, Fla., May 2, 2017 /PRNewswire/ -- Heritage Insurance
Holdings, Inc. (NYSE: HRTG), a property and casualty insurance
holding company, announced today that its Board of Directors
declared a quarterly cash dividend of $0.06 per share on the Company's common stock.
The dividend will be paid on July 5,
2017 to stockholders of record as of June 15, 2017.
The declaration and payment of any future dividend will be
subject to the discretion of the Board of Directors and will depend
on a variety of factors, including the Company's financial
condition and results of operations.
About Heritage
Heritage Insurance Holdings, Inc. is a property and casualty
insurance holding company headquartered in Clearwater, Florida. Its subsidiaries,
Heritage Property & Casualty Insurance Company and Zephyr
Insurance Company, write approximately $577
million and $58 million,
respectively, of personal and commercial residential premium
through a large network of experienced agents. The Company is
currently writing property and casualty insurance policies in
Florida, Hawaii, North
Carolina, South Carolina
and Georgia. Heritage Insurance
Holdings, Inc. is led by a seasoned senior management team with an
average of 30 years of insurance industry experience.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995 -- Statements in this press release regarding
Heritage's business that are not historical facts are
"forward-looking statements" that involve risks and uncertainties.
For a discussion of additional risks and uncertainties, which could
cause actual results to differ from those contained in the
forward-looking statements, see Heritage's Securities and Exchange
Commission (SEC) filings, including, but not limited to, the risk
factors in Heritage's Annual Report on Form 10-K for the year ended
December 31, 2016, as filed with the
SEC on March 15, 2017.
Heritage Insurance Holdings, Inc.
Investor
Contact:
Melanie Skijus
727-362-7262
mskijus@heritagepci.com
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SOURCE Heritage Insurance Holdings, Inc.