NYSE:RLIInsurance
RLI Weighs Dividend Streak And Buybacks Against Earnings And Margin Pressures
RLI Corporation (NYSE:RLI) announced a special cash dividend for shareholders.
The company approved an increase to its regular dividend, marking the 51st consecutive year of dividend growth.
Management also authorized a sizable share repurchase program, adding another capital return channel.
RLI, a specialty insurance company trading as NYSE:RLI, operates in a sector where consistency in underwriting and balance sheet strength tend to matter as much as growth. In that context, a special...