1. RLI declared a $0.16 dividend, up 6.7% from last quarter. 2. 50 years of consecutive dividend increases highlights financial stability. 3. Dividend payable on June 20, 2025, increases investor appeal. 4. RLI maintains an A+ rating from AM Best Company. 5. The company has delivered underwriting profits for 29 years.
The increase in dividends signals strong financial health, historically leading to stock price appreciation. For example, similar historical announcements for companies often correlate with positive stock movements in the following periods.
The consistent dividend increase establishes RLI as a reliable investment choice, enhancing its market position and potentially leading to higher demand for its shares.
The predictability of dividend increases can enhance investor confidence and attract long-term investors. Historical data shows that consistent dividend growth can lead to sustained stock price increases over time.
PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. (NYSE: RLI) – RLI Corp. announced today its Board of Directors has declared a second quarter regular cash dividend of $0.16 per share, a 6.7% increase over the prior quarter. The dividend is payable on June 20, 2025, to shareholders of record as of May 30, 2025.
RLI has increased dividends in each of the last 50 years. The company’s dividend yield would be 0.86% based on the $0.64 indicated annual dividend and yesterday’s closing stock price of $74.81.
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.