RLI Corp. declares special dividend of $1.50 per share

theflyonthewall.com

RLI paid a special cash dividend of $1.50 per share on December 20, and a regular quarterly dividend of 17c per share, totaling $71.8M and resulting in a tax benefit of $1.9M (4c per share) as dividends to the ESOP are fully deductible.

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