RLI Corp.

Insurance company announces dividends

Published in Hospital Law Weekly, March 3rd, 2005

RLI Corporation's (NYSE:RLI) board of directors has declared a first quarter cash dividend of $0.14 per share, the same as in the previous quarter.

The first quarter dividend will be payable to shareholders of record as of March 31, 2005. The company's dividend yield is currently 1.3%, based on the $0.56 indicated annual dividend and yesterday's closing stock price of $44.38.

This payment marks the beginning of the company's 30th consecutive year of dividend payments. Over the last 5 years, the company's quarterly dividend has grown by an average of 14.9% per year, and 11.3% per year over the last decade. Mergent's Dividend Achievers ranks RLI 191st...

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Source: Hospital Law Weekly (2005-03-03)

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