RLI Increases Regular Dividend for 50th Consecutive Year
RLI Corp. (NYSE: RLI) has announced a 3.4% increase in its first quarter regular cash dividend to $0.15 per share, marking its 50th consecutive year of dividend increases. The dividend will be payable on March 20, 2025, to shareholders of record as of February 28, 2025.
Based on the closing stock price of $74.63, the company's indicated annual dividend of $0.60 represents a dividend yield of 0.80%. CEO Craig Kliethermes emphasized that this milestone demonstrates RLI's commitment to delivering long-term shareholder value and underscores the strength of their business model.
RLI Corp. (NYSE: RLI) ha annunciato un aumento del 3,4% del suo dividendo regolare in contante per il primo trimestre, portandolo a $0,15 per azione, segnando il 50° anno consecutivo di aumenti dei dividendi. Il dividendo sarà pagabile il 20 marzo 2025, agli azionisti registrati al 28 febbraio 2025.
Basato sul prezzo di chiusura delle azioni di $74,63, il dividendo annuale indicato dall'azienda di $0,60 rappresenta un rendimento da dividendo dello 0,80%. Il CEO Craig Kliethermes ha sottolineato che questo traguardo dimostra l'impegno di RLI nel fornire valore agli azionisti a lungo termine e sottolinea la solidità del loro modello di business.
RLI Corp. (NYSE: RLI) ha anunciado un aumento del 3,4% en su dividendo en efectivo regular del primer trimestre, llevándolo a $0,15 por acción, marcando su 50° año consecutivo de aumentos de dividendos. El dividendo se pagará el 20 de marzo de 2025 a los accionistas registrados hasta el 28 de febrero de 2025.
Basado en el precio de cierre de las acciones de $74,63, el dividendo anual indicado de la compañía de $0,60 representa un rendimiento por dividendo del 0,80%. El CEO Craig Kliethermes enfatizó que este hito demuestra el compromiso de RLI de ofrecer valor a largo plazo a los accionistas y resalta la fortaleza de su modelo de negocio.
RLI Corp. (NYSE: RLI)는 1분기 정기 현금 배당금을 주당 $0.15로 3.4% 인상했다고 발표했습니다. 이는 50년 연속 배당금 인상을 기록한 것입니다. 배당금은 2025년 3월 20일에 지급되며, 2025년 2월 28일 기준 주주에게 지급됩니다.
주가가 $74.63으로 마감된 것을 기준으로 할 때, 회사의 연간 배당금 $0.60은 0.80%의 배당 수익률을 나타냅니다. CEO Craig Kliethermes는 이 이정표가 RLI의 장기적인 주주 가치를 제공하겠다는 의지를 보여주며, 그들의 비즈니스 모델의 강점을 강조한다고 말했습니다.
RLI Corp. (NYSE: RLI) a annoncé une augmentation de 3,4 % de son dividende en espèces régulier pour le premier trimestre, le portant à 0,15 $ par action, marquant ainsi son 50e année consécutive d'augmentations de dividendes. Le dividende sera payable le 20 mars 2025 aux actionnaires enregistrés au 28 février 2025.
Sur la base du prix de clôture de l'action à 74,63 $, le dividende annuel indiqué de 0,60 $ représente un rendement de dividende de 0,80 %. Le PDG Craig Kliethermes a souligné que cette étape démontre l'engagement de RLI à offrir une valeur à long terme aux actionnaires et souligne la solidité de leur modèle commercial.
RLI Corp. (NYSE: RLI) hat eine Erhöhung der regulären Barausschüttung im ersten Quartal um 3,4% auf 0,15 $ pro Aktie bekannt gegeben, was das 50. Jahr in Folge mit Dividendenerhöhungen markiert. Die Dividende wird am 20. März 2025 an die Aktionäre ausgezahlt, die am 28. Februar 2025 im Aktienregister stehen.
Basierend auf dem Schlusskurs von 74,63 $ repräsentiert die angegebene jährliche Dividende von 0,60 $ eine Dividendenrendite von 0,80%. CEO Craig Kliethermes betonte, dass dieser Meilenstein das Engagement von RLI für langfristigen Aktionärswert zeigt und die Stärke ihres Geschäftsmodells unterstreicht.
- 50-year track record of consecutive dividend increases demonstrates exceptional financial stability
- 3.4% dividend increase shows continued commitment to shareholder returns
- Consistent dividend growth indicates strong cash flow generation
- Relatively low dividend yield of 0.80% compared to industry standards
RLI has increased dividends in each of the last 50 years. The company’s dividend yield would be
“We are proud to announce our 50th consecutive year of increasing shareholder dividends,” said RLI Corp. President & CEO Craig Kliethermes. “This milestone reflects our commitment to delivering long-term value to our shareholders and highlights the strength of RLI’s business model.”
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 50 consecutive years and delivered underwriting profits for 29 consecutive years. To learn more about RLI, visit www.rlicorp.com.
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MEDIA CONTACT
Aaron Diefenthaler
Chief Investment Officer & Treasurer
309-693-5846
Aaron.Diefenthaler@rlicorp.com
Source: RLI Corp.
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