Kinsale Capital Group Announces Dividend Declaration
Kinsale Capital Group, Inc. (Nasdaq: KNSL) has declared a cash dividend of $0.09 per share, payable on December 11, 2020, to stockholders of record as of the close on November 30, 2020.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Kinsale Capital Group, Inc. (Nasdaq: KNSL) has declared a cash dividend of $0.09 per share, payable on December 11, 2020, to stockholders of record as of the close on November 30, 2020. This announcement reflects the company's commitment to returning value to its shareholders while operating in the specialty insurance sector focused on excess and surplus lines.
Positive
- Declaration of a $0.09 dividend per share, indicating strong cash flow and shareholder return.
Negative
- None.
Details
News Market Reaction – KNSL
The recorded move for KNSL in the trading session of this news was -5.51%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
RICHMOND, Va., Nov. 11, 2020 (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
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.