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News

RLI Increases Quarterly Dividend From $0.27 To $0.29 Per Share

Author: Benzinga Newsdesk | May 02, 2024 12:04pm

RLI Corp. (NYSE:RLI) – RLI Corp. announced today its Board of Directors has declared a second quarter regular cash dividend of $0.29 per share, a $0.02 increase over the prior quarter. The dividend is payable on June 20, 2024, to shareholders of record as of May 31, 2024.

RLI has increased dividends in each of the last 49 years. The company's dividend yield would be 0.81% based on the $1.16 indicated annual dividend and yesterday's closing stock price of $143.25.

Posted In: RLI

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