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

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

Kansas City Life Insurance Price Performance

Shares of OTCMKTS KCLI remained flat at $36.17 during midday trading on Friday. The company has a market capitalization of $350.10 million, a P/E ratio of 6.17 and a beta of 0.60. The company’s 50 day moving average is $35.84 and its 200 day moving average is $36.25. Kansas City Life Insurance has a 12-month low of $33.00 and a 12-month high of $39.01.

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

Kansas City Life Insurance Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 13th. Shareholders of record on Thursday, November 7th were paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date was Thursday, November 7th. Kansas City Life Insurance’s payout ratio is currently 9.56%.

About Kansas City Life Insurance

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.