Kansas City Life Insurance (OTCMKTS:KCLI) has declared a dividend of $0.14 per share. Shareholders who are on record as of Friday, May 9th will receive the dividend payment on Wednesday, May 14th. The ex-dividend date for this payment is Thursday, May 8th, representing a yield of 1.9%.
On Friday, shares of Kansas City Life Insurance traded up $0.29 to $29.45 during mid-day trading, with 906 shares exchanged compared to the average volume of 1,121. The company has a market capitalization of $285.16 million, a price-to-earnings ratio of 5.03, and a beta of 0.52. The stock’s twelve-month low is $29.01, while its twelve-month high is $39.00. The fifty-day moving average price is $32.37, and the 200-day moving average price is $34.63.
Company Performance
Kansas City Life Insurance recently reported its quarterly earnings on Thursday, May 1st. The financial services provider recorded $0.19 EPS for the quarter, with revenue reaching $118.98 million. The company achieved a return on equity of 9.34% and a net margin of 10.10%.
Business Overview
Kansas City Life Insurance Company offers insurance products and services across various states and the District of Columbia. The company operates through three main segments: Individual Insurance, Group Insurance, and Old American. The Individual Insurance segment includes individual insurance products for Kansas City Life, Grange Life, and assumed reinsurance transactions.