FBL Financial Group Raises Quarterly Dividend and Names Two New Directors.WEST DES MOINES, Iowa West Des Moines is a city in Polk, Dallas, and Warren counties in the U.S. state of Iowa. As of the 2000 census, the city population was 46,403; a special census taken in the spring of 2005 counted 51,744 residents. -- 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 increased the quarterly cash dividend and named two new directors. Dividend Increase. The FBL Financial Group Board has approved a four percent increase in the quarterly cash dividend to $0.12 per share from $0.115 per share on its Class A and Class B common stock. The dividend reflects an indicated annual dividend rate of $0.48 per share. The dividend will be payable on March 30, 2007 to shareholders of record as of March 15, 2007. There are 28,539,109 shares of Class A common stock and 1,192,990 shares of Class B common stock, for a total of 29,732,099 common shares outstanding. New Directors Named. The FBL Financial Group Board named James James, person in the Bible James, in the Gospel of St. Luke, kinsman of St. Jude. The original does not specify the relationship. James, rivers, United States James. W. Noyce as a Class A director and Craig D. Hill as a Class B director. Noyce and Hill will fill the unexpired terms of retiring directors William J. Oddy and Jerry C. Downin, and will serve until the May 16, 2007 annual meeting of shareholders when they will stand for re-election. Noyce was named Chief Executive Officer of FBL Financial Group effective January 1, 2007. Hill is Vice President of the Iowa Farm Bureau Federation. 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. 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 three Farm Bureau affiliated property-casualty insurance companies for a management fee. For more information, please visit www.fblfinancial.com. FFG-1 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion