FBL Financial Group Raises Quarterly Dividend 11 Percent.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)--Jan. 31, 2001 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 announced that its Board of Directors has approved an 11 percent increase in the quarterly cash dividend to $0.10 per share from $0.09 per share on its Class A and Class B common stock. The dividend reflects an indicated annual dividend rate of $0.40 per share. This is the fifth dividend increase since FBL Financial Group went public in 1996. The dividend was last increased in the first quarter of 2000. The dividend will be payable on March 30, 2001 to shareholders of record as of March 15, 2001. There are 26,145,786 shares of Class A common stock and 1,192,990 shares of Class B common stock, for a total of 27,338,776 shares outstanding. FBL Financial Group expects to announce fourth quarter and year end 2000 earnings on Thursday, February 8, 2001, after the market closes. A conference call will be held on Friday, February 9, 2001, at 10:00 a.m. Central time. The conference call will be webcast over the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the at FBL's web site, http://www.fblfinancial.com. FBL Financial Group 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. include 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. 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 with other companies and (3) consolidations. |
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