GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » RLI Corp (NYSE:RLI) » Definitions » 3-Year Dividend Growth Rate
中文

RLI (RLI) 3-Year Dividend Growth Rate : 4.00% (As of Dec. 2023)


View and export this data going back to 1987. Start your Free Trial

What is RLI 3-Year Dividend Growth Rate?

RLI's Dividends per Share for the three months ended in Dec. 2023 was $0.27.

The historical rank and industry rank for RLI's 3-Year Dividend Growth Rate or its related term are showing as below:

RLI' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 4   Med: 7.9   Max: 102.7
Current: 4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of RLI was 102.70% per year. The lowest was 4.00% per year. And the median was 7.90% per year.

RLI's 3-Year Dividend Growth Rate is ranked worse than
60.74% of 242 companies
in the Insurance industry
Industry Median: 6.2 vs RLI: 4.00

During the past 12 months, RLI's average Dividends Per Share Growth Rate was 3.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

RLI's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.18. As of today, RLI's Dividend Yield % is 0.73%.

Warning Sign:

RLI Corp stock dividend yield is close to 10-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of RLI's 3-Year Dividend Growth Rate

For the Insurance - Property & Casualty subindustry, RLI's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RLI's 3-Year Dividend Growth Rate Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, RLI's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where RLI's 3-Year Dividend Growth Rate falls into.



RLI 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


RLI  (NYSE:RLI) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

RLI's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.27/ 1.54
=0.18

During the past 13 years, the highest Dividend Payout Ratio of RLI was 0.61. The lowest was 0.08. And the median was 0.24.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

RLI Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2702024-02-282024-02-292024-03-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.2702023-11-292023-11-302023-12-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.2702023-08-302023-08-312023-09-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.2702023-05-302023-05-312023-06-20Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

RLI's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.08/147.71
=0.73 %

Current Share Price is $147.71.
RLI's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.08.

During the past 13 years, the highest Dividend Yield of RLI was 1.75%. The lowest was 0.71%. And the median was 1.15%.

Warning Sign:

RLI Corp stock dividend yield is close to 10-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


RLI 3-Year Dividend Growth Rate Related Terms>


RLI (RLI) Business Description

Industry
Traded in Other Exchanges
Address
9025 North Lindbergh Drive, Peoria, IL, USA, 61615
RLI Corp underwrites property and casualty insurance through its subsidiaries. The company offers insurance coverage in the specialty admitted market, where the products are designed for special risks. It also offers products in the excess and surplus markets, which provides an alternative for customers with risks or loss exposures that generally cannot be written in the standard admitted market. RLI distributes property and casualty insurance through its wholly-owned branch offices that market to wholesale and retail producers. The company's insurance operation segments include casualty, property, and surety and it derives a majority of its revenue from the Casualty segment.
Executives
Michael J Stone other: President RLI Insurance Compan C/O RLI CORP, 9025 N. LINDBERGH DR., PEORIA IL 61615
Michael E Angelina director C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVENUE, WHITE PLAINS NY 10471
Paul Bennett Medini director THE ACE BUILDING, 17 WOODHOURNE AVE, HAMILTON BERMUDA D0 HM 08
Susan S. Fleming director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Seth Anthony Davis officer: Vice President, Controller 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Debbie Sharell Roberts director 204 W. 59TH STREET, BURR RIDGE IL 60527
Kaj Ahlmann director 17945 ROSEWOOD STREET, STILWELL KS 66085
Aaron Paul Diefenthaler officer: VP, CIO 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Restrepo Robert P Jr director
Calvin Jr Butler director 10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Todd Wayne Bryant officer: Vice President, Controller 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Jennifer L Klobnak other: Sr. VP, Operations - RLI Ins. 9025 N LINDBERGH DRIVE, PEORIA IL 61615
James J. Scanlan director 6 TODMORDEN LANE, ROSE VALLEY PA 19086
Gerald I Lenrow director 4052 MANSION DR N.W., WASHINGTON DC 20007
Jonathan E Michael director, officer: President C/O RLI CORP, 9025 N. LINDBERGH DR., PEORIA IL 61615

RLI (RLI) Headlines

From GuruFocus

RLI Announces Product Leadership Retirement and Promotions

By Business Wire Business Wire 01-04-2023

RLI Declares Regular Dividend

By Business Wire Business Wire 02-09-2023

RLI Reports Second Quarter 2023 Results

By Business Wire 07-24-2023

RLI Announces Hurricane Ian Loss Estimates

By Business Wire Business Wire 10-14-2022

Steven Scruggs Comments on RLI

By Sydnee Gatewood 08-17-2022