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HCI Group Declares Q4 2017 Regular Quarterly Cash Dividend

TAMPA, Fla., Oct. 24, 2017 (GLOBE NEWSWIRE) -- The board of directors of HCI Group, Inc. (NYSE:HCI), a holding company primarily engaged in providing homeowners insurance, with operations also in reinsurance, real estate and information technology, has declared a regular quarterly cash dividend in the amount of 35 cents per common share for the fourth quarter of 2017.

The dividend will be paid December 15, 2017 to shareholders of record on the close of business November 17, 2017.

About HCI Group, Inc.
HCI Group, Inc. owns subsidiaries engaged in diverse, yet complementary business activities, including homeowners’ insurance, reinsurance, real estate and information technology. The company's largest subsidiary, Homeowners Choice Property & Casualty Insurance Company, Inc., is a leading provider of property and casualty insurance in the state of Florida.

The company's common shares trade on the New York Stock Exchange under the ticker symbol "HCI" and are included in the Russell 2000 and S&P SmallCap 600 Index. HCI Group, Inc. regularly publishes financial and other information in the Investor Information section of the company’s website. For more information about HCI Group and its subsidiaries, visit www.hcigroup.com.

Company Contact:
Kevin Mitchell, Vice President of Investor Relations
HCI Group, Inc.
Tel (813) 405-3603
kmitchell@hcigroup.com

Investor Relations Contact:
Matt Glover and Najim Mostamand, CFA
Liolios Group, Inc.
Tel (949) 574-3860
HCI@liolios.com

Source:HCI Group, Inc.