CLEARWATER, Fla., May 7, 2018 /PRNewswire/ -- Heritage Insurance
Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), 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 6, 2018 to stockholders of record as of
June 15, 2018.
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 and contractual
restrictions.
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, Zephyr
Insurance Company and NBIC Holdings, Inc., write personal and
commercial residential premium through a large network of
experienced agents in Florida,
Hawaii, North Carolina, South Carolina, Georgia and Alabama, and also in Connecticut, Massachusetts, New
Jersey, New York and
Rhode Island with the recent
acquisition of Narragansett Bay Insurance Company, headquartered in
Rhode Island. 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, 2017, as filed with
the SEC on March 15, 2018.
Heritage Insurance Holdings Inc.
Investor
Contact:
Joseph Peiso
727-362-7261
investors@heritagepci.com
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SOURCE Heritage Insurance Holdings, Inc.