TOPEKA, Kan.–(BUSINESS WIRE)–SBL Holdings, Inc. (“Security Benefit”), the parent of Security Benefit Life Insurance Company, today announced that the annual dividend rate on its 6.500% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series B (the “Series B”) (CUSIP 78397DAC2) has reset to 10.286% for five years of future dividend periods as provided in the Series B terms. The reset rate is based on a benchmark of five-year U.S. Treasury yields to maturity plus a spread of 5.620%. No Series B