RLI Corp (NYSE: RLI) keeps $0.16 quarterly dividend unchanged
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
RLI Corp. announced that its Board of Directors has declared a first quarter regular cash dividend of $0.16 per share on its common stock, unchanged from the prior quarter. The dividend will be paid on March 16, 2026 to shareholders of record as of March 2, 2026.
The indicated annual dividend is $0.64 per share, which corresponds to a dividend yield of 1.05% based on a closing share price of $60.77. RLI has increased dividends for 50 consecutive years and has delivered underwriting profits for 30 consecutive years, highlighting a long record of consistent performance and shareholder returns.
Positive
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Negative
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8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
FAQ
What dividend did RLI (RLI) declare in this 8-K filing?
RLI declared a first quarter regular cash dividend of $0.16 per share on its common stock. This amount is unchanged from the prior quarter and reflects the company’s ongoing commitment to returning cash to shareholders through consistent quarterly payouts.
When is RLI’s $0.16 dividend payable and what is the record date?
The $0.16 per share dividend is payable on March 16, 2026 to shareholders of record as of March 2, 2026. Investors must own the stock before the record date to be entitled to receive this quarterly cash dividend.
What is RLI’s indicated annual dividend and current dividend yield?
RLI’s indicated annual dividend is $0.64 per share, based on the $0.16 quarterly rate. Using a closing stock price of $60.77, the company calculates a 1.05% dividend yield, giving investors a sense of the cash return relative to the share price.
How long has RLI (RLI) been increasing its dividend?
RLI has increased its regular dividends for 50 consecutive years. This exceptionally long track record of annual dividend raises signals a sustained focus on shareholder distributions and reflects management’s confidence in the company’s long-term earnings and cash-generating ability.
What type of business is RLI Corp. and what markets does it serve?
RLI Corp. is a specialty insurer focused on niche property, casualty and surety markets. It serves commercial and personal lines customers nationwide through subsidiaries including RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company, all rated A+ “Superior.”
How strong is RLI’s underwriting and financial performance history?
RLI reports 30 consecutive years of underwriting profits, meaning its insurance operations have consistently earned more in premiums than they paid in claims and expenses. Combined with 50 years of dividend increases, this underscores a long-standing record of disciplined underwriting and financial stability.
