Kinsale Capital (KNSL) recently announced a cash dividend of $0.17 per share, which is higher than the average of the last ten dividends, calculated at $0.142. The announcement date was May 14, 2025, with the ex-dividend date set for May 29, 2025, and the dividend payment date scheduled for Jun 12, 2025. The company previously distributed a dividend on Mar 13, 2025, maintaining the same rate of $0.17 per share.
Recently,
experienced notable developments. Over the past week,
raised its price target for Kinsale Capital to $525 from $490, demonstrating confidence in the company’s future prospects despite a 7.1% decline in its stock price during the previous month. Additionally, Kinsale Capital held its 2025 annual stockholders meeting on May 22, 2025, where key governance changes were made. Stockholders approved the 2025 Omnibus Incentive Plan, an amendment to the exculpation provision for certain officers, and elected nine directors. Executive compensation was ratified, and KPMG LLP was confirmed as the independent auditor for the fiscal year ending Dec 31, 2025. Analysts recently maintained a Hold rating on
stock with a price target of $420, reflecting cautious optimism about the company's strategic execution and financial health.
In conclusion, Kinsale Capital has demonstrated strong financial performance marked by impressive revenue growth and profitability. The strategic execution and effective cash flow management bolster its financial health, although valuation concerns remain due to a high P/E ratio and limited dividend yield. Investors should note that May 29, 2025, marks the ex-dividend date, which is the last day to purchase Kinsale Capital stock to qualify for the upcoming dividend distribution.
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