RLI Corp Declares $3.00 Special Dividend, Payable Dec. 7

RLI Corp. (NYSE: RLI) said its Board of Directors approved a special cash dividend of $3.00 per share on its common stock, along with a regular quarterly dividend of $0.18 per share, in an 8-K filed Thursday, Nov. 12, 2026. The board approved the dividends on Nov. 11.

Both dividends are payable on Dec. 7, 2026, to shareholders of record as of Nov. 30, 2026. The filing does not give a separate ex-dividend date.

Size of the payout

The special dividend is expected to total about $275 million. At $3.00 per share, that figure implies a share count near 91.7 million, consistent with the roughly 91.7 million shares outstanding used in the company's market value of about $6.30 billion as of Oct. 14, 2026.

The special dividend is $3.00 per share, roughly 16 times the $0.18 regular quarterly payment. The filing does not say how the special dividend is funded.

What it means for holders

The regular dividend is unchanged in the filing's terms and is paid alongside the special amount on the same date. In a press release furnished as Exhibit 99.1, CEO Craig W. Kliethermes said the company's ability to return capital to shareholders reflects its strong financial position and disciplined approach to managing the business. He added that the company remains focused on deploying capital to support its business and pursuing profitable growth.

The last close before the announcement was $68.70 on Nov. 11, 2026.