RLI bumps dividend 6.7% to $0.16 — 50 years of hikes and still going

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RLI Corp. (NYSE:RLI), a $6.9B specialty insurer focused on niche property, casualty, and surety markets, just raised its quarterly dividend by 6.7% to $0.16 per share. This marks the company's 50th consecutive year of dividend increases. The dividend is payable on June 20, 2025, to shareholders of record as of May 30, 2025.

RLI Corp. (NYSE:RLI)

Financial Score: 94 / 99

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To keep your portfolio strong, stay on top of the financials for each company you hold. Solid companies mean better returns, so be sure to check in on their quarterly and annual numbers.

Interesting stocks usually score 80+ on the Financial Scale, with top players hitting 90+. If that score dips below 80, it might be a good time to consider cutting ties before things take a turn.

In Q1 2025, RLI reported net earnings of $63.2M ($0.68 per share), down from $127.9M ($1.39 per share) in Q1 2024. Operating earnings were $84.9M ($0.92 per share), compared to $87.4M ($0.95 per share) the previous year.

The company's underwriting income was $70.5M with a combined ratio of 82.3. Gross premiums written increased by 5%, and net investment income rose by 12% to $36.7M. Book value per share grew by 6% from year-end 2024 to $17.48.

As of May 15, 2025, RLI shares are trading at $73.70, with a forward dividend yield of approximately 0.86%.