Kansas City Life Insurance (OTCMKTS:KCLI) Share Price Passes Below 200 Day Moving Average - Here's Why

Key Points

• Kansas City Life Insurance's stock price has fallen below its 200-day moving average of $32.10, with the last trade at $30.67.
• The company's latest quarterly earnings reported $0.19 per share, alongside a revenue of $118.98 million and a negative net margin of 0.96%.
• A dividend of $0.14 was issued recently, with a yield of 1.9%, despite a payout ratio of -116.67%, indicating financial stress.

Kansas City Life Insurance Co. (OTCMKTS:KCLI - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $32.10 and traded as low as $30.55. Kansas City Life Insurance shares last traded at $30.67, with a volume of 620 shares trading hands.

Kansas City Life Insurance Trading Down 0.4%

The business has a fifty day moving average of $29.97 and a 200 day moving average of $32.04. The company has a market capitalization of $295.72 million, a PE ratio of -63.65 and a beta of 0.57.

Kansas City Life Insurance (OTCMKTS:KCLI - Get Free Report) last issued its earnings results on Thursday, May 1st. The financial services provider reported $0.19 earnings per share for the quarter. Kansas City Life Insurance had a negative return on equity of 0.77% and a negative net margin of 0.96%. The business had revenue of $118.98 million for the quarter.

Kansas City Life Insurance Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, May 14th. Investors of record on Friday, May 9th were paid a $0.14 dividend. The ex-dividend date of this dividend was Thursday, May 8th. This represents a dividend yield of 1.9%. 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.