Kansas City Life Insurance - KCLI STOCK NEWS

Welcome to our dedicated page for Kansas City Life Insurance news (Ticker: KCLI), a resource for investors and traders seeking the latest updates and insights on Kansas City Life Insurance stock.

Kansas City Life Insurance Company (NASDAQ: KCLI) provides essential financial protection through life insurance and annuity products across 49 U.S. states. This news hub offers investors and policyholders centralized access to official corporate developments and market-moving updates.

Track critical announcements including quarterly earnings reports, product innovations, and strategic initiatives that shape KCLI's position in the insurance sector. Our curated news collection simplifies monitoring regulatory filings, leadership changes, and dividend declarations while maintaining strict factual accuracy.

Regular updates cover operational milestones like new policy launches, risk management enhancements, and investment portfolio performance. Bookmark this page for efficient tracking of KCLI's evolving market strategies and industry responses through verified press releases and objective third-party analysis.

03/06/2024 01:03 PM

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Kansas City Life Announces Fourth Quarter 2023 Results

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Kansas City Life Insurance Company reported a significant turnaround in its financial performance in the fourth quarter of 2023, with a net income of $49.1 million compared to a net loss of $17.3 million in the same period of 2022. The improvement was driven by a substantial increase in realized investment gains, particularly from real estate sales. Additionally, net investment income rose, and operating expenses decreased. For the full year 2023, the company achieved a net income of $54.9 million, a stark contrast to the net loss of $16.2 million in 2022. This positive outcome was supported by higher investment gains, increased investment income, reduced costs, and lower operating expenses.

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01/22/2024 09:22 PM

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Kansas City Life Declares Quarterly Dividend

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Kansas City Life Insurance Company (KCLI) declared a quarterly dividend of $0.14 per share on Jan. 22, 2024. The dividend will be payable on Feb. 7, 2024, to stockholders of record on Feb. 1, 2024. Established in 1895, the company provides financial protection through the sale of life insurance and annuities, operating in 49 states and the District of Columbia.

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12/15/2023 12:49 PM

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Kansas City Life Announces Sale of Real Estate

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Kansas City Life Insurance Company (KCLI) has completed the sale of a real estate asset in Beaverton, Oregon, expecting to record an after-tax gain of approximately $35.2 million in Q4 2023. Established in 1895, KCLI is based in Kansas City, Missouri, and primarily sells life insurance and annuities in 49 states and the District of Columbia.

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11/15/2023 01:02 PM

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Kansas City Life Announces Sale of Real Estate

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Kansas City Life Insurance Company (KCLI) completes the sale of real estate assets in Tulsa metropolitan area, expecting a $6.1 million after-tax gain in Q4 2023. The company, established in 1895, primarily sells life insurance and annuities in 49 states and the District of Columbia.

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11/10/2023 04:15 PM

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Kansas City Life Announces Sale of Real Estate

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Kansas City Life Insurance Company (KCLI) Completes Sale of Real Estate Assets, Expects $9.1 Million Gain

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10/27/2023 12:19 PM

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Kansas City Life Announces Third Quarter 2023 Results

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Kansas City Life Insurance Company recorded net income of $4.6 million or $0.47 per share in the third quarter of 2023 compared to net income of $4.3 million or $0.45 per share in the third quarter of 2022. Net income totaled $5.8 million or $0.60 per share in the first nine months of 2023, up from $1.1 million or $0.12 per share in the first nine months of 2022. The results for the third quarter of 2023 reflected higher insurance and investment revenues compared to the third quarter of 2022. In addition, policyholder benefits and amortization of deferred acquisition costs were lower compared to the prior year. Partially offsetting these improvements were increases in interest credited to policyholder account balances and operating expenses.

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10/23/2023 06:14 PM

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Kansas City Life Declares Quarterly Dividend

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Kansas City Life Insurance Company has declared a quarterly dividend of $0.14 per share. The dividend will be payable on Nov. 8, 2023.

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07/28/2023 11:42 AM

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Kansas City Life Announces Second Quarter 2023 Results

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Kansas City Life Insurance Company reported net income of $4.5 million or $0.46 per share in the second quarter of 2023, reflecting higher investment revenues and lower amortization of deferred acquisition costs compared to the same period in 2022. However, insurance revenues declined due to an increase in reinsurance ceded premiums, and policyholder benefits and operating expenses increased.

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07/24/2023 06:36 PM

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Kansas City Life Declares Quarterly Dividend

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Kansas City Life Insurance Company (OTCQX: KCLI) has declared a quarterly dividend of $0.14 per share. The dividend will be payable on Aug. 9, 2023, to stockholders of record on Aug. 3, 2023.

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04/28/2023 12:10 PM

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