FBL Financial Group, Inc. (NYSE: FFG) today announced that its Board of Directors has increased the quarterly cash dividend to $0.11 per share to owners of Class A and Class B common stock.
The FBL Financial Group Board has approved a 10 percent increase in the quarterly cash dividend to $0.11 per share from $0.10 per share on its Class A and Class B common stock. The dividend reflects an indicated annual dividend rate of $0.44 per share.
The quarterly dividend will be payable on March 29, 2013 to shareholders of record as of March 15, 2013. There are 24,260,022 shares of Class A common stock and 1,141,291 shares of Class B common stock, for a total of 25,401,313 common shares outstanding.
FBL Financial Group is a holding company whose purpose is to protect livelihoods and futures. Its primary operating subsidiary, Farm Bureau Life Insurance Company, underwrites and markets a broad range of life insurance and annuities to individuals and businesses, which are distributed by multiline exclusive Farm Bureau agents. In addition, FBL Financial Group manages all aspects of two Farm Bureau affiliated property-casualty insurance companies for a management fee. FBL Financial Group, headquartered in West Des Moines, Iowa, is traded on the New York Stock Exchange under the symbol FFG. For more information, please visit www.fblfinancial.com.