Kansas City Life Insurance (OTCMKTS:KCLI) Shares Cross Below 200-Day Moving Average – Here’s Why

Kansas City Life Insurance (OTCMKTS:KCLI) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $36.29 and traded as low as $35.01. Kansas City Life Insurance shares last traded at $35.56, with a volume of 652 shares traded.

Kansas City Life Insurance Stock Performance

The firm has a fifty day simple moving average of $36.99 and a 200-day simple moving average of $36.29. The firm has a market cap of $344.22 million, a price-to-earnings ratio of 5.77 and a beta of 0.59.

Kansas City Life Insurance (OTCMKTS:KCLI) last released its quarterly earnings results on Friday, July 26th. The financial services provider reported $0.49 earnings per share for the quarter. The firm had revenue of $122.51 million for the quarter. Kansas City Life Insurance had a net margin of 10.73% and a return on equity of 10.79%.

Kansas City Life Insurance Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Thursday, August 1st were given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date was Thursday, August 1st. Kansas City Life Insurance’s dividend payout ratio is 9.09%.

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.