The Highest-Yielding Stock on the DI Ideas List

This week, we take a close look at RLI Corp. (RLI). The stock’s dividend yield of 8.4% is the highest of any stock appearing on the DI Ideas list.

This week, we take a close look at RLI Corp. (RLI). The stock’s dividend yield of 8.4% is the highest of any stock appearing on the DI Ideas list. The yield is not quite what it seems, though, as I explain.

Here are this week’s deets:

• RLI Corp. has grown its common dividend for 51 consecutive years.

• A change in the timing of when RLI Corp. pays its special dividend is inflating its yield.

• Five Dividend Investing (DI) model portfolio holdings are currently on the DI Ideas list.