Kingstone Increases Regular Quarterly Cash Dividend by 20% to $0.06 Per Share
Rhea-AI Summary
Kingstone Companies (Nasdaq: KINS) announced that its Board approved a 20% increase in the regular quarterly cash dividend, raising it from $0.05 to $0.06 per share. The dividend will be paid on August 26, 2026 to shareholders of record on August 11, 2026.
According to Kingstone, this is the first dividend increase since the quarterly dividend was reinstated in July 2025 and follows the May 2026 authorization of a share repurchase program for up to 1,000,000 shares over two years.
Positive
- Quarterly dividend increased 20% to $0.06 per share
- First dividend increase since reinstatement of quarterly dividend in July 2025
- Share repurchase authorization for up to 1,000,000 shares over two years
Negative
- None.
News Market Reaction – KINS
In the Jul 23 session, KINS declined 1.82%, reflecting a mild negative market reaction. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
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KINGSTON, N.Y., July 23, 2026 (GLOBE NEWSWIRE) -- Kingstone Companies, Inc. (Nasdaq: KINS) (“Kingstone” or the “Company”), a regional property and casualty insurance holding company, today announced that its Board of Directors has approved a
Randy Patten, Vice President and Chief Financial Officer of Kingstone, stated, “One year after reinstating our quarterly dividend, this
This is the first dividend increase since Kingstone reinstated its quarterly dividend in July 2025 and follows the Board’s authorization in May 2026 of a share repurchase program of up to 1,000,000 shares of the Company’s common stock over the next two years.
About Kingstone Companies, Inc.
Kingstone is a regional property and casualty insurance holding company whose principal operating subsidiaries write business through retail and wholesale agents and brokers. Kingstone delivers tailored homeowners insurance solutions through its sophisticated product suite, Select, supported by a scalable and efficient operating platform that enables the Company to pursue significant market opportunities and strategic expansion. Kingstone was the 11th largest writer of homeowners insurance in New York in 2025 and also writes homeowners coverage in California on a non-admitted basis.
Forward-Looking Statements
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. These statements involve risks and uncertainties that could cause actual results to differ materially from those included in forward-looking statements due to a variety of factors. For more details on factors that could affect expectations, see Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2025.
Kingstone undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Investor Relations Contact
Elevate IR
KINS@elevate-ir.com
720-330-2829