Kingstone boosts its quarterly payout to $0.06, marking a 20% increase from the previous $0.05 dividend.
Kingstone Companies Inc. announced a 20% increase in its quarterly dividend, raising the payout to $0.06 per share from $0.05. The new dividend yields 1.25% on a forward basis.
The prior dividend stood at $0.05 per share. The company’s dividend growth reflects a consistent upward trend in recent quarters.
The dividend is payable on August 26 to shareholders of record as of August 11, with an ex-dividend date set for August 11.