Protective Elects Directors and Declares Quarterly Dividend Increase after Annual Share Owners' Meeting
May 06 2008 - 5:59PM
Business Wire
The share owners of Protective Life Corporation (NYSE: PL) held
their annual meeting yesterday and elected the following eleven
directors: James S. M. French, Thomas L. Hamby, John D. Johns,
Vanessa Leonard, Charles�D. McCrary, John J. McMahon, Jr., Malcolm
Portera, C. Dowd Ritter, William A. Terry, W.�Michael Warren, Jr.
and Vanessa Wilson. Immediately following the share owners�
meeting, the Board of Directors met and declared a quarterly
dividend of $0.235 per share, representing a 4.4% increase over the
previous quarterly dividend. The Corporation�s Board of Directors
declared the quarterly dividend to be paid June 2, 2008, to share
owners of record at the close of business on May 16, 2008.
Protective Life Corporation provides financial services through the
production, distribution and administration of insurance and
investment products throughout the United States. It has annual
revenues of approximately $3.1 billion and as of December�31, 2007
had assets of approximately $41.8 billion.
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