Kansas City Life Insurance (OTCMKTS:KCLI) Issues Earnings Results

Key Points

• Kansas City Life Insurance reported earnings of $0.77 per share for the quarter, alongside a negative return on equity of 0.77% and a negative net margin of 0.96%.
• The company announced a quarterly dividend of $0.14 per share, which will be paid on August 13th with an annualized yield of 1.8%.
• Shares of Kansas City Life Insurance traded down to $30.29, with a market capitalization of $293.30 million and a PE ratio of -63.10.

Kansas City Life Insurance (OTCMKTS:KCLI - Get Free Report) issued its quarterly earnings results on Friday. The financial services provider reported $0.77 earnings per share (EPS) for the quarter, Zacks reports. Kansas City Life Insurance had a negative return on equity of 0.77% and a negative net margin of 0.96%.

Kansas City Life Insurance Price Performance

Shares of OTCMKTS:KCLI traded down $0.09 on Friday, reaching $30.29. 100 shares of the company traded hands, compared to its average volume of 1,103. Kansas City Life Insurance has a fifty-two week low of $27.45 and a fifty-two week high of $39.00. The company's 50 day moving average is $30.06 and its 200-day moving average is $31.94. The stock has a market capitalization of $293.30 million, a PE ratio of -63.10 and a beta of 0.57.

Kansas City Life Insurance Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 13th. Stockholders of record on Thursday, August 7th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.8%. Kansas City Life Insurance's dividend payout ratio (DPR) is presently -116.67%.

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.

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