RLI Increases Regular Dividend for 50th Consecutive Year
13 Février 2025 - 10:05PM
Business Wire
RLI Corp. (NYSE: RLI) announced today its Board of Directors has
declared a first quarter regular cash dividend of $0.15 per share,
a 3.4% increase over the prior quarter. The dividend is payable on
March 20, 2025, to shareholders of record as of February 28,
2025.
RLI has increased dividends in each of the last 50 years. The
company’s dividend yield would be 0.80% based on the $0.60
indicated annual dividend and yesterday’s closing stock price of
$74.63.
“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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version on businesswire.com: https://www.businesswire.com/news/home/20250213882391/en/
MEDIA CONTACT Aaron Diefenthaler Chief Investment Officer
& Treasurer 309-693-5846 Aaron.Diefenthaler@rlicorp.com
RLI (NYSE:RLI)
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