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

Kansas City Life Insurance (OTCMKTS:KCLI) released its quarterly earnings results on Friday. The financial services provider reported $0.16 earnings per share (EPS) for the quarter, reports. Kansas City Life Insurance had a return on equity of 11.46% and a net margin of 10.66%. The business had revenue of $127.31 million during the quarter.

Kansas City Life Insurance Stock Up 1.2 %

Shares of Kansas City Life Insurance stock opened at $35.35 on Monday. The stock’s 50-day simple moving average is $36.73 and its 200-day simple moving average is $33.40. 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 price-to-earnings ratio of 5.74 and a beta of 0.53.

Kansas City Life Insurance Dividend Announcement

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

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 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.