Short Interest in Kansas City Life Insurance (OTCMKTS:KCLI) Drops By 36.4%

Kansas City Life Insurance (OTCMKTS:KCLI) saw a large decline in short interest during the month of 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 daily trading volume, of 400 shares, the short-interest ratio is currently 1.8 days.

Kansas City Life Insurance Price Performance

OTCMKTS:KCLI traded up $0.23 during mid-day trading on Friday, reaching $36.50. The stock had a trading volume of 200 shares, compared to its average volume of 1,075. Kansas City Life Insurance has a twelve month low of $34.00 and a twelve month high of $39.01. The business has a 50 day simple moving average of $36.09 and a 200 day simple moving average of $36.35.

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

Kansas City Life Insurance Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 13th. Shareholders 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 annualized dividend and a yield of 1.53%. 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.