FBL Financial (FFG) Declares $2.00 Special Dividend; 3.4% Yield
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FBL Financial Group Increases Quarterly Cash Dividend, Declares Special Cash Dividend, Authorizes New $50 Million Stock Repurchase Program and Names New Director
March 3, 2016 4:15 PM ESTWEST DES MOINES, Iowa--(BUSINESS WIRE)-- FBL Financial Group, Inc. (NYSE: FFG) today announces a five percent increase in its quarterly cash dividend to $0.42 per share, a special cash dividend of $2.00 per share and authorization for the repurchase of up to $50 million of its Class A common stock. FBL Financial Group also named a new Class B director.
FBL Financial Group has a strong financial foundation with ample excess capital, said James P. Brannen, Chief Executive Officer of FBL Financial Group, Inc. Given this foundation and our confidence in Farm Bureau Life... More
