RLI Corp. (RLI) Declares $2.00 Special Dividend; 3.4% Yield

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Go back to RLI Corp. (RLI) Declares $2.00 Special Dividend; 3.4% Yield

RLI Declares Regular and Special Dividend

November 10, 2016 4:00 PM EST

PEORIA, Ill.--(BUSINESS WIRE)-- RLI Corp. (NYSE: RLI) The RLI Corp. board of directors has declared a fourth quarter special cash dividend of $2.00 per share of common stock, which is expected to total approximately $88 million, and a regular quarterly cash dividend of $0.20 per share, unchanged from the prior quarter. Both dividends are payable on December 23, 2016, to shareholders of record as of November 30, 2016.

Over the last decade, RLI has... More