Universal Insurance Holdings, Inc.: Universal Insurance Holdings, Inc. Declares Ten Cent Cash Dividend

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FORT LAUDERDALE, FL (MARKET WIRE) Universal Insurance Holdings, Inc. ("UIH") (AMEX: UVE), a vertically integrated insurance holding company, announced today that its board of directors declared a dividend of $0.10 per share on its common stock. The dividend is payable on August 7, 2008 to shareholders of record as of July 9, 2008.

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