sur Kingstone Companies, Inc (NASDAQ:KINS)
Kingstone Resumes Quarterly Dividend Payment Indicating Financial Stability
Kingstone Companies, Inc., based in Kingston, NY, has announced the reinstatement of its quarterly cash dividend on common stock. This marks the first dividend since 2022's third quarter. Shareholders will receive $0.05 per share on August 26, 2025, for those recorded by August 11, 2025. The company plans to maintain regular quarterly dividends moving forward.
CEO Meryl Golden attributes this decision to robust financial performance, highlighted by strong underwriting results and significant operational cash flow. The dividend suspension, initiated in November 2022 for debt refinancing, has ended following a strategic financial recovery plan. With debts settled earlier than anticipated, King's strengthened balance sheet supports this renewed commitment to shareholder value.
R. E.
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