Federal Life Group, Inc. Announces Special Dividend

Federal Life Group, Inc. (OTCMKTS: FLFG) has declared a special dividend of $0.55 per share for its shareholders.

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Rhea-AI Summary

Federal Life Group, Inc. (OTCMKTS: FLFG) has declared a special dividend of $0.55 per share for its shareholders. The record date for this dividend is June 10, 2021, with payment expected on June 30, 2021. This announcement reflects the company's commitment to providing returns to its investors while maintaining a tradition of financial strength and stability.

Positive

Declared a special dividend of $0.55 per share, enhancing shareholder income.
Demonstrates confidence in financial stability by returning capital to shareholders.

Negative

None.

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News Market Reaction – FLFG

The recorded move for FLFG in the trading session of this news was -3.64%.

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05/24/2021 - 04:15 PM EDT

RIVERWOODS, Ill., May 24, 2021 (GLOBE NEWSWIRE) -- Federal Life Group, Inc. (the “Company”) (OTCMKTS: FLFG), the holding company of Federal Life Insurance Company (“Federal Life”), today announced that its Board of Directors has declared a special dividend payment on the Company’s common stock in the amount of $0.55 per share to shareholders of record at the close of business on June 10, 2021.‎ The Company expects to pay the dividend on June 30, 2021.

About Federal Life Group, Inc.
Federal Life Group, Inc. is the parent of Federal Life, an independently operated provider of quality life and health insurance and annuity products, incorporated in 1899. Federal Life is headquartered in Riverwoods, IL just northwest of Chicago. Federal Life is proud of its longstanding tradition of financial strength and stability. For more information go to www.federallife.com.

Contact:	William S. Austin
	Chairman, President and Chief Executive Officer
	(847) 520-1900

FAQ

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What is the dividend amount declared by Federal Life Group (FLFG)?

Federal Life Group has declared a special dividend of $0.55 per share.

When is the record date for the dividend payment for FLFG?

The record date for the dividend payment is June 10, 2021.

When will the special dividend for Federal Life Group be paid?

The special dividend is expected to be paid on June 30, 2021.

How does the dividend announcement impact FLFG shareholders?

The dividend enhances shareholder income and reflects the company's financial stability.

Federal Life Group, Inc. Announces Special Dividend