FBL Financial Group Increases Quarterly Cash Dividend and Declares Special Cash Dividend
FBL Financial Group, Inc. (NYSE: FFG) today announces a 4.8% increase in its quarterly cash dividend to $0.44 per share and a special cash dividend of $1.50 per share.
"FBL Financial Group maintains a strong financial foundation and has excess capital," said James P. Brannen, Chief Executive Officer of FBL Financial Group, Inc. "We are committed to returning cash to shareholders as demonstrated by the payment of this special dividend and by increasing our regular quarterly dividend."
Quarterly Dividend Increase to $0.44 Per Share. FBL Financial Group's Board of Directors has declared a quarterly cash dividend of $0.44 per share, payable on March 31, 2017 to Class A and Class B common stockholders of record as of March 15, 2017. This represents a 4.8% increase from the prior quarterly dividend of $0.42 per share paid in December 2016, and reflects an annual indicated dividend rate of $1.76 per share. Based on this dividend rate, FBL Financial Group's indicated dividend yield is currently 2.6 percent...