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

Kansas City Life Insurance (OTCMKTS:KCLI) released its earnings results on Friday. The financial services provider reported $0.14 earnings per share for the quarter, reports. Kansas City Life Insurance had a return on equity of 10.79% and a net margin of 10.73%. The company had revenue of $125.15 million for the quarter.

Kansas City Life Insurance Trading Down 0.8 %

OTCMKTS:KCLI opened at $35.05 on Monday. Kansas City Life Insurance has a 1 year low of $26.70 and a 1 year high of $39.01. The firm’s fifty day simple moving average is $36.15 and its 200 day simple moving average is $36.17.

Kansas City Life Insurance Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 13th. Shareholders of record on Thursday, November 7th will be issued a dividend of $0.14 per share. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.56 annualized dividend and a yield of 1.60%. Kansas City Life Insurance’s dividend payout ratio (DPR) is presently 9.05%.

About Kansas City Life Insurance

Kansas City Life Insurance Company provides insurance products and services in states and the District of Columbia. It operates through three 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.