The Board of Directors of FBL Financial Group Inc. has declared a quarterly cash dividend of $0.42 per share, payable on March 31, 2016 to Class A and Class B common stockholders of record as of March 15, 2016. This represents a 5% increase from the prior quarterly dividend of $0.40 per share paid in December 2015, and reflects an annual indicated dividend rate of $1.68 per share.

The Board of Directors has declared a special cash dividend of $2.00 per share, payable on March 31, 2016 to Class A and Class B common stockholders of record as of March 15, 2016.

The Board also announced that James Holte has been named to FBL Financial Group's Board of Directors as a Class B Director, effective March 3, 2016. Holte is President of the Wisconsin Farm Bureau Federation. Holte was elected to the Wisconsin Farm Bureau Federation Board of Directors in 1995 and has served as president of the Wisconsin Farm Bureau Federation since 2013.