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RLI Declares Regular Dividend

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Rhea-AI Summary

RLI Corp. (NYSE: RLI) has announced a third quarter dividend of $0.25 per share, consistent with the previous quarter. The dividend is payable on September 20, 2021, to shareholders of record as of August 31, 2021. The company has a strong history of increasing dividends, achieving this for 46 consecutive years. RLI's dividend yield stands at 0.93%, based on an annual dividend of $1.00 and a closing stock price of $107.27.

Positive
  • RLI has declared a consistent dividend of $0.25 per share for the third quarter.
  • The company has increased dividends for 46 consecutive years, showcasing strong financial health.
  • RLI's stock offers a dividend yield of 0.93%, appealing to income-focused investors.
Negative
  • None.

RLI Corp. (NYSE: RLI) – RLI Corp. announced today its Board of Directors has declared a third quarter regular cash dividend of $0.25 per share, unchanged from the prior quarter. The dividend is payable on September 20, 2021, to shareholders of record as of August 31, 2021.

RLI has increased dividends in each of the last 46 years. The company’s dividend yield would be 0.93% based on the $1.00 indicated annual dividend and yesterday’s closing stock price of $107.27.

ABOUT RLI

RLI Corp. (NYSE: RLI) is a specialty insurer serving niche property, casualty and surety markets. The company provides deep underwriting expertise and superior service to commercial and personal lines customers nationwide. RLI’s products are offered through its insurance subsidiaries RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company. All of RLI’s subsidiaries are rated A+ “Superior” by AM Best Company. RLI has paid and increased regular dividends for 46 consecutive years and delivered underwriting profits for 25 consecutive years. To learn more about RLI, visit www.rlicorp.com.

FAQ

What is the dividend amount declared by RLI Corp. for Q3 2021?

RLI Corp. has declared a dividend of $0.25 per share for the third quarter of 2021.

When is the dividend payable for RLI Corp.?

The dividend is payable on September 20, 2021.

What is RLI Corp.'s dividend yield?

RLI Corp.'s dividend yield is 0.93%, based on a $1.00 annual dividend.

How long has RLI Corp. been increasing dividends?

RLI Corp. has increased dividends for 46 consecutive years.

Who are RLI Corp.'s insurance subsidiaries?

RLI Corp.'s insurance subsidiaries include RLI Insurance Company, Mt. Hawley Insurance Company, and Contractors Bonding and Insurance Company.

RLI Corp.

NYSE:RLI

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8.16B
43.81M
4.38%
81.28%
0.95%
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
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United States of America
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