Kinsale Capital Group Announces Dividend Declaration

Kinsale Capital Group (KNSL) announced a cash dividend of $0.09 per share, set for payment on September 14, 2020.

Rhea-AI Summary

Kinsale Capital Group (KNSL) announced a cash dividend of $0.09 per share, set for payment on September 14, 2020. Stockholders must be on record by the close of business on August 31, 2020 to qualify. This move reflects the company's commitment to returning value to shareholders amidst its focus on the specialty insurance market in Virginia.

Positive

• Declared a cash dividend of $0.09 per share, affirming commitment to shareholder returns.

Negative

• None.

Argus Publication session

+0.74% session move Open Argus

Details

News Market Reaction – KNSL

In the trading session that priced this news, KNSL gained 0.74%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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RICHMOND, Va., Aug. 19, 2020 (GLOBE NEWSWIRE) -- Kinsale Capital Group, Inc. (NASDAQ:KNSL) today announced that its Board of Directors declared a cash dividend of $0.09 per share of common stock. This dividend is payable on September 14, 2020 to all stockholders of record as of the close of business on August 31, 2020.

About Kinsale Capital Group, Inc.

Kinsale Capital Group, Inc. is a specialty insurance group headquartered in Richmond, Virginia, focusing on the excess and surplus lines market.

Contact

Kinsale Capital Group, Inc.
Bryan Petrucelli
Executive Vice President, Chief Financial Officer and Treasurer
804-289-1272
ir@kinsalecapitalgroup.com

FAQ

What is the dividend amount for Kinsale Capital Group (KNSL)?

The dividend amount is $0.09 per share.

When is the dividend payable for Kinsale Capital Group (KNSL)?

The dividend is payable on September 14, 2020.

What is the record date for the dividend for Kinsale Capital Group (KNSL)?

The record date is August 31, 2020.

How often does Kinsale Capital Group (KNSL) pay dividends?

The frequency of dividends is not specified in the press release.

Is the dividend from Kinsale Capital Group (KNSL) sustainable?

The press release does not provide specific information on the sustainability of the dividend.