RLI Corp., an insurance holding company, underwrites property and casualty insurance in the United States and internationally. Its Casualty segment provides commercial and personal coverage products; and general liability products, such as coverage for third-party liability of commercial insureds, including manufacturers, contractors, apartments, and mercantile. It also offers coverages for security guards and in the areas of onshore energy-related businesses and environmental liability for underground storage tanks, contractors and asbestos, and environmental remediation specialists; and professional liability coverages focuses on providing errors and omission coverage to small to medium-sized design, technical, computer, and miscellaneous professionals. This segment provides commercial automobile liability and physical damage insurance to local, intermediate and long haul truckers, public transportation entities, and other types of specialty commercial automobile risks; incidental and related insurance coverages; inland marine coverages; management liability coverages, such as directors and officers liability insurance, fiduciary liability and coverages, employment practice liability, and for various classes of risks, including public and private businesses; and healthcare liability and home business insurance products. The company's Property segment offers commercial property, cargo, hull, protection and indemnity, marine liability, inland marine, homeowners' and dwelling fire, and other property insurance products. Its Surety segment offers commercial surety bonds for medium to large-sized businesses; small bonds for businesses and individuals; and bonds for small to medium-sized contractors. The company also underwrites various reinsurance coverages. It markets its products through branch offices, brokers, carrier partners, and underwriting and independent agents. RLI Corp. was founded in 1965 and is headquartered in Peoria, Illinois.
RLI Dividend Announcement
• RLI announced a quarterly dividend of $4.29 per ordinary share which will be made payable on 2024-12-20. Ex dividend date: 2024-11-29
• RLI annual dividend for 2024 was $5.14
• RLI annual dividend for 2023 was $3.07
• RLI's trailing twelve-month (TTM) dividend yield is 3.05%
• RLI's payout ratio for the trailing twelve months (TTM) is 33.96%
• RLI's dividend growth over the last five years (2018-2023) was 10.42% year
• RLI's dividend growth over the last ten years (2013-2023) was -2.61% year
RLI Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | $4.29 | quarterly | 2024-12-20 |
2024-08-30 | $0.29 | quarterly | 2024-09-20 |
2024-05-31 | $0.29 | quarterly | 2024-06-20 |
2024-02-28 | $0.27 | quarterly | 2024-03-20 |
2023-11-29 | $2.27 | quarterly | 2023-12-20 |
2023-08-30 | $0.27 | quarterly | 2023-09-20 |
2023-05-30 | $0.27 | quarterly | 2023-06-20 |
2023-02-27 | $0.26 | quarterly | 2023-03-20 |
2022-11-29 | $7.26 | quarterly | 2022-12-20 |
2022-08-30 | $0.26 | quarterly | 2022-09-20 |
2022-05-27 | $0.26 | quarterly | 2022-06-21 |
2022-02-25 | $0.25 | quarterly | 2022-03-18 |
2021-11-29 | $2.25 | quarterly | 2021-12-20 |
2021-08-30 | $0.25 | quarterly | 2021-09-20 |
2021-05-27 | $0.25 | quarterly | 2021-06-18 |
2021-02-25 | $0.24 | quarterly | 2021-03-19 |
2020-11-27 | $1.24 | quarterly | 2020-12-18 |
2020-08-28 | $0.24 | quarterly | 2020-09-18 |
2020-05-28 | $0.24 | quarterly | 2020-06-19 |
2020-02-27 | $0.23 | quarterly | 2020-03-20 |
2019-11-27 | $1.00 | quarterly | 2019-12-20 |
2019-08-29 | $0.23 | quarterly | 2019-09-20 |
2019-05-30 | $0.23 | quarterly | 2019-06-20 |
2019-02-27 | $0.22 | quarterly | 2019-03-20 |
2018-11-29 | $1.22 | quarterly | 2018-12-27 |
2018-08-30 | $0.22 | quarterly | 2018-09-20 |
2018-05-30 | $0.22 | quarterly | 2018-06-20 |
2018-02-27 | $0.21 | quarterly | 2018-03-20 |
2017-11-29 | $1.96 | quarterly | 2017-12-27 |
2017-08-29 | $0.21 | quarterly | 2017-09-20 |
2017-05-26 | $0.21 | quarterly | 2017-06-20 |
2017-02-24 | $0.20 | quarterly | 2017-03-20 |
2016-11-28 | $2.20 | quarterly | 2016-12-23 |
2016-08-29 | $0.20 | quarterly | 2016-09-19 |
2016-05-26 | $0.20 | quarterly | 2016-06-20 |
2016-02-25 | $0.19 | quarterly | 2016-03-18 |
2015-11-25 | $2.00 | quarterly | 2015-12-22 |
2015-08-27 | $0.19 | quarterly | 2015-09-18 |
2015-05-27 | $0.19 | quarterly | 2015-06-19 |
2015-02-25 | $0.18 | quarterly | 2015-03-20 |
2014-11-25 | $3.18 | quarterly | 2014-12-22 |
2014-08-27 | $0.18 | quarterly | 2014-09-19 |
2014-05-28 | $0.18 | quarterly | 2014-06-20 |
2014-02-26 | $0.17 | quarterly | 2014-03-20 |
2013-11-26 | $3.00 | quarterly | 2013-12-20 |
2013-08-28 | $0.34 | quarterly | 2013-09-20 |
2013-05-29 | $0.34 | quarterly | 2013-06-20 |
2013-02-26 | $0.32 | quarterly | 2013-03-20 |
RLI Dividend per year
RLI Dividend growth
RLI Dividend Yield
RLI current trailing twelve-month (TTM) dividend yield is 3.05%. Interested in purchasing RLI stock? Use our calculator to estimate your expected dividend yield:
RLI Financial Ratios
RLI Dividend FAQ
Other factors to consider when evaluating RLI as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: RLI's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, RLI publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, RLI distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from RLI are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: RLI sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, RLI distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: RLI declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of RLI's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review RLI's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.