5 Future Dividend Kings in the Next 5 Years or Less

3. RLI Corp. (NYSE:RLI)

Consecutive Years of Dividend Growth: 49

RLI Corp. (NYSE:RLI) is an American insurance company that specializes in underwriting property and casualty insurance. On May 2, the company declared a 7.4% hike in its quarterly dividend to $0.29 per share. Through this increase, the company stretched its dividend growth streak to 49 years, which makes RLI one of the best dividend kings of the future. The stock offers a dividend yield of 0.79%, as of May 8.

RLI Corp. (NYSE:RLI) was a part of 18 hedge fund portfolios at the end of Q4 2023, which remained the same as in the previous quarter, as per Insider Monkey’s database. The stakes held by these hedge funds have a total value of over $368.2 million.

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