Kansas City Life Insurance (OTCMKTS:KCLI) Sees Significant Decline in Short Interest

Kansas City Life Insurance (OTCMKTS:KCLI) saw a large decline in short interest in December. As of December 31st, there was short interest totalling 700 shares, a decline of 36.4% from the December 15th total of 1,100 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is presently 1.8 days.

Kansas City Life Insurance Price Performance

Shares of OTCMKTS:KCLI remained flat at $36.27 during trading on Friday. The company has a 50-day simple moving average of $36.09 and a 200-day simple moving average of $36.35. Kansas City Life Insurance has a one year low of $33.06 and a one year high of $39.01.

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

Kansas City Life Insurance Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 13th. Stockholders of record on Thursday, November 7th were paid a $0.14 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.54%. Kansas City Life Insurance’s dividend payout ratio (DPR) is currently 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.