06:27 AM EST, 11/08/2024 (MT Newswires) -- RLI (RLI) said late Thursday its board approved a two-for-one stock split with the stock starting to trade on a post-split basis from Jan. 16.

The stock-split is for shareholders of record on Dec. 31.

RLI also maintained the quarterly dividend at $0.29 per share and declared a $4 per share special dividend. Both dividends are payable on Dec. 20 to shareholders of record as of Nov. 29.

The dividends will be paid out on a pre-split basis.

Price: 167.96, Change: +1.62, Percent Change: +0.97