Kingstone Companies, Inc (KINS) to Distribute Quarterly Dividend of $0.06 on November 25th

Kingstone Companies, Inc (NASDAQ:KINS) announced a quarterly dividend on Friday, October 23rd. Investors of record on Wednesday, November 11th will be paid a dividend of $0.06 per share by the insurance provider on Wednesday, November 25th. This represents a $0.24 annualized dividend and a yield of 1.2%. The ex-dividend date is Wednesday, November 11th.

Kingstone Companies has decreased its dividend payment by an average of 0.1% annually over the last three years. Kingstone Companies has a payout ratio of 9.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Kingstone Companies to earn $2.90 per share next year, which means the company should continue to be able to cover its $0.24 annual dividend with an expected future payout ratio of 8.3%.

Kingstone Companies Price Performance

KINS opened at $20.04 on Friday. The stock has a fifty day simple moving average of $19.23 and a two-hundred day simple moving average of $18.11. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.03. The company has a market cap of $290.18 million, a price-to-earnings ratio of 8.28 and a beta of 0.41. Kingstone Companies has a 12-month low of $13.83 and a 12-month high of $20.90.

Kingstone Companies (NASDAQ:KINS) last announced its quarterly earnings data on Thursday, August 6th. The insurance provider reported $1.04 EPS for the quarter, beating the consensus estimate of $0.95 by $0.09. Kingstone Companies had a return on equity of 30.78% and a net margin of 14.85%. The business had revenue of $65.85 million during the quarter, compared to analyst estimates of $71.70 million. Kingstone Companies has set its FY 2026 guidance at 2.200-2.900 EPS. Research analysts predict that Kingstone Companies will post 2.65 earnings per share for the current fiscal year.

About Kingstone Companies

Kingstone Companies, Inc is an insurance holding company that operates primarily through its subsidiary, Kingstone Insurance Company. The company focuses on property and casualty insurance for individuals and families, with an emphasis on personal lines coverage.

Its products have included homeowners, condominium, cooperative, renters, dwelling fire and personal umbrella insurance. These policies are designed to protect residential properties and personal assets against risks such as property damage, liability claims and other covered losses.

Kingstone serves customers through independent insurance agents and has historically concentrated its business in the Northeastern United States, particularly New York and other selected states in the region.