Highest Dividend Yield in the Property & Casualty Insurance Industry Detected in Shares of Universal Insurance Holdings (UVE, MCY, OB, CINF, ORI)
Friday, Aug 13,2010, 9:21:10 PM Click:
Below are the top five companies in the Property & Casualty Insurance industry as measured by dividend yield. Dividends can enhance returns for investors seeking income in addition to capital gains.
Universal Insurance Holdings (AMEX:UVE) ranks first with a dividend yield of 9.9%; Mercury General (NYSE:MCY) ranks second with a dividend yield of 5.9%; and OneBeacon Insurance Group (NYSE:OB) ranks third with a dividend yield of 5.8%.
Not too far behind, Cincinnati Financial (NASDAQ:CINF) and Old Republic International (NYSE:ORI) have dividend yields of 5.8% and 5.3%, respectively.
SmarTrend is bearish on shares of UVE and our subscribers were alerted to Sell on January 28, 2010 at $5.60. The stock has fallen 25.5% since the alert was issued.
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