HCI Group Declares Quarterly Cash Dividend

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TAMPA, Fla., Oct. 14, 2022 (GLOBE NEWSWIRE) — The board of administrators of HCI Group, Inc. (NYSE:HCI), a holding firm with operations in owners insurance, data expertise companies, actual property, and reinsurance, has declared an everyday quarterly money dividend within the quantity of 40 cents per frequent share. The dividend is scheduled to be paid December 16, 2022 to shareholders of file on the shut of business November 18, 2022.

About HCI Group, Inc.
HCI Group, Inc. owns subsidiaries engaged in various, but complementary business actions, together with owners insurance, data expertise companies, actual property, and reinsurance. HCI’s main insurance operation, TypTap Insurance Company, is a quickly rising, technology-driven insurance firm that’s increasing nationwide to supply owners and flood insurance. TypTap’s operations are powered largely by insurance-related data expertise developed by HCI’s software program subsidiary, Exzeo USA, Inc. HCI’s largest subsidiary, Homeowners Choice Property & Casualty Insurance Company, Inc., offers owners insurance primarily in Florida. HCI’s actual property subsidiary, Greenleaf Capital, LLC, owns and operates a number of properties in Florida, together with workplace buildings, retail facilities and marinas.

The firm’s frequent shares commerce on the New York Stock Exchange underneath the ticker image “HCI” and are included within the Russell 2000 and S&P SmallCap 600 Index. HCI Group, Inc. often publishes monetary and different data within the Investor Information part of the corporate’s web site. For extra details about HCI Group and its subsidiaries, go to www.hcigroup.com.

Forward-Looking Statements
This information launch might include forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words similar to “anticipate,” “estimate,” “expect,” “intend,” “plan,” “confident,” “prospects” and “project” and different comparable phrases and expressions are supposed to indicate forward-looking statements. Forward-looking statements are usually not ensures of future outcomes and situations however quite are topic to varied dangers and uncertainties. There will be no assurance, for instance, that modifications within the firm’s money circulation and money balances is not going to impression the power or willingness of HCI Group to pay a dividend. Some of those dangers and uncertainties are recognized within the firm’s filings with the Securities and Exchange Commission. Should any dangers or uncertainties turn into precise occasions, these developments may have materials adversarial results on the corporate’s business, monetary situation and outcomes of operations. HCI Group, Inc. disclaims all obligations to replace any forward-looking statements.

Investor Relations Contact:
Matt Glover
Gateway Group, Inc.
Tel (949) 574-3860
[email protected]



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