RLI Increases Regular Dividend For 46th Consecutive Year

Rhea-AI Summary

RLI Corp. (NYSE: RLI) has declared a cash dividend of $0.25 per share for the second quarter, marking a $0.01 increase from the prior quarter. The dividend will be payable on June 18, 2021, to shareholders on record as of May 28, 2021. This marks the 46th consecutive year of dividend increases, contributing to a 0.90% dividend yield based on a $1.00 annual dividend and a closing stock price of $111.65. RLI Corp. is a specialty insurer with a solid track record of underwriting profits for 25 consecutive years.

Positive

• Declared a cash dividend of $0.25 per share, indicating growth in shareholder returns.
• Has increased dividends for 46 consecutive years, demonstrating strong financial reliability.
• Maintained underwriting profits for 25 consecutive years, reflecting operational efficiency.

Negative

• None.

RLI Corp. (NYSE: RLI) – RLI Corp. announced today its Board of Directors has declared a second quarter regular cash dividend of $0.25 per share, a $0.01 increase over the prior quarter. The dividend is payable on June 18, 2021, to shareholders of record as of May 28, 2021.

RLI has increased dividends in each of the last 46 years. The company’s dividend yield would be 0.90% based on the $1.00 indicated annual dividend and yesterday’s closing stock price of $111.65.

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.

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FAQ

What is the amount of the latest RLI dividend?

The latest RLI dividend is $0.25 per share.

When will the RLI dividend be paid?

The RLI dividend will be paid on June 18, 2021.

What is the dividend yield for RLI Corp.?

The dividend yield for RLI Corp. is 0.90% based on the $1.00 annual dividend.

How many years has RLI increased its dividends?

RLI has increased its dividends for 46 consecutive years.