FBL Financial Group Inc. announced an increase to its quarterly dividend to 46 cents per share from 44 cents per share and its board declared a $1.50 per share special dividend.
The quarterly and special dividends are payable March 29 to class A and class B stockholders of record as of March 15.
The board also authorized the repurchase of up to $50 million of class A common shares. The program will commence upon the completion of the current $50 million repurchase program or its expiration March 31, whichever is earlier.
