WEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) today announced a quarterly cash dividend of $0.44 per share and named a new Class B director.
Quarterly Dividend. FBL Financial Group’s Board of Directors declared a quarterly cash dividend of $0.44 per share to owners of Class A and Class B common stock. The dividend will be payable on December 29, 2017 to shareholders of record as of December 15, 2017.
New Class B Director Named. Kevin Paap has been named to FBL Financial Group’s Board of Directors as a Class B Director, effective November 15, 2017. Paap is President of the Minnesota Farm Bureau Federation. Paap was elected to the Minnesota Farm Bureau Federation Board of Directors in 1997 and has served as president of the Minnesota Farm Bureau Federation since 2005. He has served as a member of the board of directors of Farm Bureau Life Insurance Company since 2006 and Farm Bureau Property & Casualty Insurance Company since 1997.
FBL Financial Group is a holding company whose purpose is to protect livelihoods and futures. Its primary operating subsidiary, Farm Bureau Life Insurance Company, underwrites and markets a broad range of life insurance and annuities to individuals and businesses, which are distributed by multiline exclusive Farm Bureau agents. In addition, FBL Financial Group manages all aspects of two Farm Bureau affiliated property-casualty insurance companies for a management fee. FBL Financial Group, headquartered in West Des Moines, Iowa, is traded on the New York Stock Exchange under the symbol FFG. For more information, please visit www.fblfinancial.com.
