FBL Financial Group Increases Quarterly Cash Dividend, Declares Special Cash Dividend and Authorizes New $50 Million Stock Repurchase Program
FBL FINANCIAL GROUP (FFG)
Last fbl financial group earnings: 2/6 04:15 pm
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Source: Business Wire
WEST DES MOINES, Iowa--(BUSINESS WIRE)-- FBL Financial Group, Inc. (NYSE: FFG) today announces a 4.5% increase in its quarterly cash dividend to $0.46 per share, a special cash dividend of $1.50 per share and authorization for the repurchase of up to $50 million of its Class A common stock. “2017 was a record earnings year for FBL Financial Group and our business continues to generate excess capital,” said James P. Brannen, Chief Executive Officer of FBL Financial Group, Inc. “The payment of this special cash dividend and increasing our regular quarterly dividend demonstrates confidence in our business and the commitment to returning cash to shareholders.” Quarterly Dividend Increase to $0.46 Per Share. FBL Financial Group’s Board of Directors has declared a quarterly cash dividend of $0.46 per share, payable on March 29, 2018 to Class A and Class B common stockholders of record as of March 15, 2
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