Welcome to our dedicated page for Kansas City Life Insurance news (Ticker: KCLI), a resource for investors and traders seeking the latest updates and insights on Kansas City Life Insurance stock.
Kansas City Life Insurance Company (NASDAQ: KCLI) provides essential financial protection through life insurance and annuity products across 49 U.S. states. This news hub offers investors and policyholders centralized access to official corporate developments and market-moving updates.
Track critical announcements including quarterly earnings reports, product innovations, and strategic initiatives that shape KCLI's position in the insurance sector. Our curated news collection simplifies monitoring regulatory filings, leadership changes, and dividend declarations while maintaining strict factual accuracy.
Regular updates cover operational milestones like new policy launches, risk management enhancements, and investment portfolio performance. Bookmark this page for efficient tracking of KCLI's evolving market strategies and industry responses through verified press releases and objective third-party analysis.
Kansas City Life Insurance Company (OTCQX: KCLI) reported net income of $4.7 million or $0.49 per share in Q2 2024, up from $4.5 million or $0.46 per share in Q2 2023. For the first six months of 2024, net income was $6.3 million or $0.65 per share, a significant increase from $1.2 million or $0.13 per share in the same period of 2023. The improved results were driven by higher investment revenues and lower policyholder benefits and operating expenses. However, these gains were partially offset by declining insurance revenues and increased interest credited to policyholder account balances. The company, established in 1895, operates in 49 states and the District of Columbia, focusing on life insurance and annuities.
Kansas City Life Insurance Company (OTCQX: KCLI) has appointed Eileen M. Hutchinson to its Board of Directors, effective July 22, 2024. Hutchinson, a retired Vice President of Finance and CFO of GEHA, will also join the Audit Committee. She brings extensive experience in finance and accounting, including roles at Epoch Group, Blue Cross Blue Shield, and in public accounting. Hutchinson is a CPA with a CGMA designation and has served on various boards and committees since her retirement.
Chairman R. Philip Bixby expressed confidence that Hutchinson's expertise in financial services will benefit the company. She fills the vacancy created by Cecil R. Miller's retirement, with the term expiring in April 2025. Kansas City Life, established in 1895, operates in 49 states and D.C., focusing on life insurance and annuities.
Kansas City Life Insurance Company (OTCQX: KCLI) has announced a quarterly dividend of $0.14 per share, as declared by its Board of Directors on July 22, 2024. The dividend is set to be paid on August 7, 2024, to stockholders of record as of August 1, 2024. Kansas City Life, established in 1895 and headquartered in Kansas City, Missouri, primarily focuses on providing financial protection through life insurance and annuity sales. The company currently operates across 49 states and the District of Columbia.
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