RLI Corp.
RLI38 yrs growthFinancial Services · Stock · quarterly payer
Forward Yield
1.32%
Annual Dividend
$0.72
Payout Ratio
15%
5-Yr Growth
5.9%
Ex-Date
May 29, 2026
Frequency
Quarterly
Summary
As of June 2026, RLI Corp. (RLI) yields 1.32% ($0.72 per share annually), with a blended fair-value estimate of $73.38 — +35% upside, so it screens as undervalued. Dividend safety grade: A (96/100). 38 years of dividend growth.
Is RLI a good dividend stock?
YesRLI Corp. (RLI) pays a quarterly dividend yielding 1.32% ($0.72/yr), with 38 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 38 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (15%)
- Strong 5.9% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.32%
- Payout Ratio
- 15%
- Annual Dividend
- $0.72
- 5-Yr Avg Growth
- 5.9%
- Ex-Dividend Date
- May 29, 2026
- Years of Growth
- 38
- Frequency
- quarterly
- Beta
- 0.36
- Market Cap
- $5.0B
- P/E Ratio
- 12.7
- 5-Yr Total Return
- 4%
- 52-Week Range
- $47.26 – $74.00
- Dividend Safety
- A · 96/100
- Ever Cut?
- No
Frequently Asked Questions
RLI Price — Last 12 Months
Daily close
Price Return
1 Year
-25%
3 Years
-20%
5 Years
+4%
52-Week Range
$47.26 – $74.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is RLI worth?
Undervaluedmedium confidenceOur blended fair-value estimate for RLI Corp. is $73.38 per share, versus a market price of $54.35. That implies 35% of upside — a margin of safety of about 26%.
Fair Value
$73.38
Current Price
$54.35
Upside
+35%
Margin of Safety
26%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $4.29 EPS, $0.72 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
RLI Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 29, 2026 | — | $2.1800 | regular |
| Mar 2, 2026 | — | $0.1600 | regular |
| Nov 28, 2025 | — | $2.1600 | regular |
| Aug 29, 2025 | — | $0.1600 | regular |
| May 30, 2025 | — | $0.1600 | regular |
| Feb 28, 2025 | — | $0.1500 | regular |
| Nov 29, 2024 | — | $2.1450 | regular |
| Aug 30, 2024 | — | $0.1450 | regular |
| May 31, 2024 | — | $0.1450 | regular |
| Feb 28, 2024 | — | $0.1350 | regular |
| Nov 29, 2023 | — | $1.1350 | regular |
| Aug 30, 2023 | — | $0.1350 | regular |
| May 30, 2023 | — | $0.1350 | regular |
| Feb 27, 2023 | — | $0.1300 | regular |
Income Calculator
At $0.72 / yr per share
