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PEORIA, Ill. - RLI Corp. (NYSE:RLI) announced Thursday that its Board of Directors has declared a third quarter regular cash dividend of $0.16 per share, maintaining the same amount as the previous quarter. According to InvestingPro data, the stock is currently trading near its 52-week low of $65.14, with an overall financial health score rated as "Good."
The dividend will be payable on September 19, 2025, to shareholders of record as of August 29, 2025.
The specialty insurer has increased its dividends annually for 50 consecutive years, according to the company’s press release statement. Based on the $0.64 indicated annual dividend and the closing stock price of $67.57 on Wednesday, the company’s dividend yield would be 0.95%.
RLI Corp. operates in niche property, casualty and surety markets through its insurance subsidiaries: RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company. The company reports that all of its subsidiaries hold an A+ Superior rating from AM Best Company.
The company also noted in its statement that it has delivered underwriting profits for 29 consecutive years.
In other recent news, RLI Corp announced its second-quarter 2025 financial results, revealing a mixed performance. The company reported an earnings per share (EPS) of $0.84, surpassing analysts’ predictions of $0.79. However, RLI Corp’s revenue came in at $499.83 million, falling short of the expected $579.72 million. Additionally, Jefferies has lowered its price target for RLI Corp to $59 from $61, maintaining an Underperform rating. The decision was influenced by concerns over growth in the company’s casualty segment, where loss trends remain high and competition is intensifying. These developments reflect the latest updates concerning RLI Corp.
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