Kinsale Capital Group Announces Dividend Declaration
Rhea-AI Summary
Kinsale Capital Group, Inc. (Nasdaq: KNSL) announced a cash dividend of $0.11 per share, payable on December 13, 2021, to stockholders of record by November 29, 2021. This decision reflects the company's commitment to returning value to its shareholders while operating in the specialty insurance sector, specifically the excess and surplus lines market. The dividend declaration highlights Kinsale's solid financial position and confidence in its ongoing business strategy.
Positive
- Declared a cash dividend of $0.11 per share, enhancing shareholder returns.
Negative
- None.
News Market Reaction – KNSL
In the trading session that priced this news, KNSL gained 1.27%, 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.
RICHMOND, Va., Nov. 15, 2021 (GLOBE NEWSWIRE) -- Kinsale Capital Group, Inc. (Nasdaq: KNSL) today announced that its Board of Directors declared a cash dividend of
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
