UPDATE: Protective Life (PL) Raises Qtr. Dividend 12.5% to 18c/Share; 2.6% Yield

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(Updated - May 14, 2012 11:14 AM EDT)

Protective Life Corp. (NYSE: PL) declared a quarterly dividend of $0.18 per share, or $0.72 annualized. The dividend is up from a $0.16 per share distribution in the last quarter.

The dividend will be payable on June 11, 2012, to stockholders of record on May 25, 2012, with an ex-dividend date of May 23, 2012.

The annual yield on the dividend is 2.6 percent.

For a dividend history and other dividend-related data on Protective Life Corp. (PL) click here.

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