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.
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
In the trading session that priced this news, KNSL declined 5.51%, reflecting a notable negative 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. 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