Kingstone Boosts Quarterly Dividend by 20% to $0.06 Per Share

Dividend Increase Details

Kingstone Companies, Inc. (Nasdaq: KINS) has announced a 20% increase in its regular quarterly cash dividend, raising it to $0.06 per common share from the previous $0.05 per share. The dividend is payable on August 26, 2026, to shareholders of record as of August 11, 2026. This marks the first dividend increase since the company reinstated its quarterly dividend in July 2025.

Capital Allocation Strategy

Randy Patten, Vice President and Chief Financial Officer of Kingstone, stated that the increase reflects the Board's confidence in the company's earnings power and outlook for continued profitable growth. The dividend hike follows the Board's authorization in May 2026 of a share repurchase program allowing the company to buy back up to 1,000,000 shares of its common stock over the next two years. Patten emphasized the company's commitment to disciplined capital allocation, balancing shareholder returns with investments in the business.

Company Overview

Kingstone is a regional property and casualty insurance holding company that writes business through retail and wholesale agents and brokers. The company offers tailored homeowners insurance solutions through its Select product suite. In 2025, Kingstone was the 11th largest writer of homeowners insurance in New York and also writes homeowners coverage in California on a non-admitted basis.

What it means for income investors

The 20% dividend increase signals Kingstone's improving financial health and confidence in sustained profitability. Combined with the share repurchase program, the company is returning more capital to shareholders while maintaining investment in growth initiatives.

Reporting based on: GlobeNewswire. Figures verified against market data where available.