Yesterday I decided i was going to do some buying the only problem was what was i going to buy should i buy something new or stick with something old and bring the total invested in a company up.
Well after a long debate i decided to add to one of my existing companies. its not that well known but has been good to me it was up over 200 percent till this buy which knocked it down.
Yesterday I bought 105 shares of UVE which pays .56 cents a share while it wont make anyone rich it will get you close solid steady payer the last couple years. this adds 14.00 dollars quarterly to JAN, APR, July, and OCT schedule This brings my total up to 31.00 a quarter.
The dividend payout ratio is 16 percent. The 5 year dividend growth rate is 13.30 percent. YOC for last 5 years is 3.85. current yield as of buy 2.20.
Solid company that gets it done. I will plan on adding more after I add to other companies.
What are your thoughts on UVE? What have you bought lately?
I am not a professional stock picker nor is this proffesional advise. Please do your own due diligence before investing in a company.
My life of investing and hobbies 
I’ve never heard of UVE, but I love investing in insurance companies. Thanks for sharing, I’ll go do some research on this one.
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Thanks for stopping by. It’s been good to me of course I bought it in 2011 I do believe it can continue to grow its dividend and grow its share price some more.
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Hi Doug,
It’s always good to see what other people are buying although I’ve not heard of UVE. I own a few Chubb (CB) shares. It’s good to see a company with decreasing Payout Ratios over the last few years even as it increases its dividend.
Best wishes,
-DL
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Thanks for stopping by. I’ve looked at Chubb but haven’t bought any. I think only one other blogger I’ve seen has UVE. I imagine a lot of DGI will stay away because it’s small cap and only been paying a dividend since 2008.
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I hadn’t heard of UVE before either. I definitely like the insurance companies as well. Got to love the “free” leverage that the float provides. UVE is going on my watchlist as well.
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Thanks for stopping by. Yup same things I bought it for except the price is a lot more now but it will probably never get back to that price.
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I haven’t heard of UVE Doug, but from the stats you’ve said it looks like a really good one. 🙂
Tristan
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Thanks for stopping by.
I love it as I get chances I’ll add even more to it
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