FBL Financial Group Declares Regular Quarterly Dividend and Names New Class B Director.Business Editors WEST DES MOINES West Des Moines (də moin`), city (1990 pop. 31,702), Polk co., S central Iowa, a growing suburb W of Des Moines; inc. 1893 as Valley Junction, renamed 1938. Products manufactured there include cement, metal items, and pumps. , Iowa--(BUSINESS WIRE)--Aug. 20, 2002 FBL FBL Full Bell Lines (coin grading) FBL Fly by Light FBL FIATA Bill of Lading FBL Functional Baseline FBL Foundation for a Better Life FBL Federal Barge Lines, Inc. Financial Group, Inc. (NYSE NYSE See: New York Stock Exchange :FFG FFG Forschungsförderungsgesellschaft (German: Austrian research promotion agency) FFG Flash Flood Guidance FFG Guided Missile Frigate FFG Fall from Grace (band) FFG Fast Frigates FFG Freeware Flight Group ) today declared its regular quarterly cash dividend and named a new Class B director. Quarterly Dividend Declared. FBL's Board of Directors has declared a quarterly cash dividend of $0.10 per share to owners of Class A and Class B common stock. The dividend will be payable on September 30, 2002 to shareholders of record as of September 15, 2002. There are 26,490,525 shares of Class A common stock and 1,192,990 shares of Class B common stock, for a total of 27,683,515 shares outstanding. New Class B Director from Nebraska. Keith R. Olsen, 57, newly named President of the Nebraska Farm Bureau Federation, was named an FBL Class B Director. He succeeds Bryce P. Neidig. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. FBL's Class B Stockholders' Agreement, the Class B directors include the presidents of the 15 Farm Bureau federations which own FBL's Class B common stock, as well as the Chief Executive Officer and two designees of the Chairman. FBL Financial Group (www.fblfinancial.com) is a holding company whose primary operating subsidiaries An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. are Farm Bureau Life Insurance Company and EquiTrust Life Insurance Company. FBL underwrites, markets and distributes life insurance, annuities and mutual funds to individuals and small businesses. In addition, FBL manages all aspects of two Farm Bureau affiliated property-casualty insurance companies for a management fee and provides certain management and other services to National Travelers Life Company. FBL's three-pronged growth strategy includes (1) internal growth within its traditional Farm Bureau distribution network in 15 midwestern and western states, (2) alliances and relationships with other companies and (3) consolidations. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion