RLI Corp. (RLI) Ex-Dividend Date Scheduled for May 29, 2013


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RLI Corp. ( RLI ) will begin trading ex-dividend on May 29, 2013. A cash dividend payment of $0.34 per share is scheduled to be paid on June 20, 2013. Shareholders who purchased RLI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 6.25% increase over the prior quarter. At the current stock price of $75.47, the dividend yield is 1.8%.

The previous trading day's last sale of RLI was $75.47, representing a -0.19% decrease from the 52 week high of $75.62 and a 22% increase over the 52 week low of $61.86.

RLI is a part of the Finance sector, which includes companies such as American International Group, Inc. ( AIG ) and The Travelers Companies, Inc. ( TRV ). RLI's current earnings per share, an indicator of a company's profitability, is $4.65. Zacks Investment Research reports RLI's forecasted earnings growth in 2013 as 7.21%, compared to an industry average of 14.8%.

For more information on the declaration, record and payment dates, visit the RLI Dividend History page.

Interested in gaining exposure to RLI through an Exchange Traded Fund [ETF]?
The following ETF(s) have RLI as a top-10 holding:

  • PowerShares FTSE RAFI US 1500 Small-Mid Portfolio ( PRFZ ).

The top-performing ETF of this group is PRFZ with an increase of 17.89% over the last 100 days. It also has the highest percent weighting of RLI at 0.18%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: AIG , PRFZ , RLI , TRV

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