Kansas City Life Insurance (OTCMKTS:KCLI) Announces Quarterly Earnings Results

Kansas City Life Insurance (OTCMKTS:KCLI) announced its quarterly earnings results on Friday. The financial services provider reported $0.16 EPS for the quarter, reports. Kansas City Life Insurance had a net margin of 9.83% and a return on equity of 10.50%. The firm had revenue of $127.31 million during the quarter.

Kansas City Life Insurance Stock Performance

OTCMKTS KCLI opened at $35.35 on Friday. Kansas City Life Insurance has a 52-week low of $20.00 and a 52-week high of $39.01. The company has a market capitalization of $342.19 million, a P/E ratio of 5.74 and a beta of 0.53. The company has a fifty day moving average of $36.73 and a 200-day moving average of $33.36.

Kansas City Life Insurance Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 8th. Stockholders of record on Thursday, May 2nd will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.58%. The ex-dividend date of this dividend is Wednesday, May 1st. Kansas City Life Insurance’s dividend payout ratio is currently 9.09%.

Kansas City Life Insurance Company Profile

Kansas City Life Insurance Company provides insurance products and services in states and the District of Columbia. It operates through three reportable segments: Individual Insurance, Group Insurance, and Old American. The Individual Insurance segment consists of individual insurance products for Kansas City life, Grange life, and the assumed reinsurance transactions.