Heritage Insurance Holdings, Inc. 10-K

Item 5. Market For Registrant’s Common Equity, Related Stoc kholder Matters and Issuer Purchases of Equity Securities Common Stock Our common stock is listed on the New York Stock Exchange (“NYSE”) under the symbol “HRTG”. As of March 4, 2024, we had 30,218,938 shares of common stock outstanding, including 1,579,369 shares of restricted stock for which restrictions have not lapsed. Holders of Record As of March 4, 2024, there were 58 holders of record of our common stock. Dividends While we have historically declared quarterly dividends, our board of directors did not declare a dividend during 2023 or for the second, third, and fourth quarters of 2022. The declaration and payment of dividends will continue to be at the discretion of our board of directors and will depend on our profits, financial requirements and other factors, such as restrictions under our credit facilities, which limit our ability to pay dividends, and other legal and regulatory restrictions on the payment of dividends, our overall business condition and other elements our board of directors considers relevant. Refer to Note 22 “ Equity” to our consolidated financial statements under Item 8 of this Annual Report on Form 10-K. Stock Performance Graph The following five year graph and table compare the cumulative total stockholder return of our common stock over the period from December 31, 2018 through 2023, assuming an initial investment of $100 and reinvestment of dividends with the performance among Heritage, NASDAQ Insurance Index and Russell 2000 Index. We are a component of the Russell 2000 index and it provides a small and mid-cap benchmark index. The NASDAQ Insurance Index consists of all publicly traded insurance underwriters in the property and casualty sector in the United States. Dec-18 Dec-19 Dec-20 Dec-21 Dec-22 Dec-23 Heritage Insurance Holdings Inc. 100 89 57 69 42 43 NASDAQ Insurance Index 100 120 112 121 137 144 Russell 2000 Index 100 123 119 146 165 115 29 Item 6. [Reserved] 30