Kansas City Life Insurance (OTCMKTS:KCLI) Sees Large Drop in Short Interest

Kansas City Life Insurance (OTCMKTS:KCLI) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 1,100 shares, a decline of 15.4% from the November 30th total of 1,300 shares. Based on an average trading volume of 1,200 shares, the short-interest ratio is currently 0.9 days.

Kansas City Life Insurance Stock Performance

OTCMKTS KCLI opened at $36.17 on Monday. The stock has a 50-day simple moving average of $35.84 and a 200 day simple moving average of $36.25. Kansas City Life Insurance has a twelve month low of $33.00 and a twelve month high of $39.01. The stock has a market capitalization of $350.10 million, a PE ratio of 6.17 and a beta of 0.60.

Kansas City Life Insurance (OTCMKTS:KCLI) last issued its quarterly earnings results on Friday, November 1st. The financial services provider reported $0.14 EPS for the quarter. Kansas City Life Insurance had a return on equity of 9.34% and a net margin of 10.10%. The company had revenue of $125.15 million during the quarter.

Kansas City Life Insurance Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 13th. Investors of record on Thursday, November 7th were paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 1.55%. The ex-dividend date of this dividend was Thursday, November 7th. Kansas City Life Insurance’s payout ratio is presently 9.56%.

Kansas City Life Insurance Company Profile

Kansas City Life Insurance Company provides insurance products and services in states and the District of Columbia. It operates through three segments: Individual Insurance, Group Insurance, and Old American. The Individual Insurance segment consists of individual insurance products for Kansas City life, Grange life, and the assumed reinsurance transactions.