UVE just announced a 20 cent dividend, double the previous dividend paid on October 30 based on Q3 results to be reported soon!! That's TWO dividends announced for record amounts just before Q3 results are out, stating specifically that it was in light of Q3 results. UVE is a Florida Hurricane Insurer making money hand over fist since the 2005 Hurricane season shot rates up massively, drove out fearful competitors, and the lack of hurricanes since has been a major windfall for this once tiny company trading for as little as .04 now well over $3.00.
What's not to like? Another weak storm season for Florida, PE of 2-3, trades for just over book value, pays a massive dividend yield, and announced a share buybacks this year one of which they completed it 2 months later during Q3. Finally, they recently just got licensed to expand into North Carolina, South Carolina, Hawaii, as well as additional high-end markets in Florida.