Kinsale Capital Group Announces Dividend Declaration
Kinsale Capital Group, Inc. (Nasdaq: KNSL) has declared a cash dividend of $0.11 per share of common stock.
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 $0.11 per share of common stock. This dividend will be paid on September 13, 2021, to stockholders of record by the close of business on August 31, 2021. Kinsale Capital focuses on the excess and surplus lines market and is headquartered in Richmond, Virginia. This move indicates the company’s commitment to returning value to its shareholders while maintaining its operations in the specialty insurance sector.
Positive
- Dividend of $0.11 per share reflects company confidence and income return to shareholders.
Negative
- None.
Details
News Market Reaction – KNSL
The recorded move for KNSL in the trading session of this news was -2.75%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
RICHMOND, Va., Aug. 12, 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
FAQ
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