RLI Increases Regular Dividend for 49th Consecutive Year
02 Maggio 2024 - 6:02PM
Business Wire
RLI Corp. (NYSE: RLI) – RLI Corp. announced today its Board of
Directors has declared a second quarter regular cash dividend of
$0.29 per share, a $0.02 increase over the prior quarter. The
dividend is payable on June 20, 2024, to shareholders of record as
of May 31, 2024.
RLI has increased dividends in each of the last 49 years. The
company’s dividend yield would be 0.81% based on the $1.16
indicated annual dividend and yesterday’s closing stock price of
$143.25.
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 49
consecutive years and delivered underwriting profits for 28
consecutive years. To learn more about RLI, visit
www.rlicorp.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240502978016/en/
Aaron Diefenthaler Chief Investment Officer & Treasurer
309-693-5846 Aaron.Diefenthaler@rlicorp.com
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