Workers expect their defined contribution plans to play a greater role in their retirement income than annuities.
MCKINNEY, Texas, Nov. 26, 2012 /PRNewswire/ -- Torchmark Corporation (NYSE: TMK) announced that its Board of Directors has declared a quarterly dividend of $.15 per share on all of the outstanding common stock of the Company held of record as of the close of business of the Company's transfer agent on January 4, 2013. The dividend will be paid on February 1, 2013.
Torchmark Corporation is a holding company specializing in life and supplemental health insurance for "middle income" Americans marketed through multiple distribution channels including direct response, and exclusive and independent agencies. Torchmark has several nationally recognized insurance subsidiaries. Globe Life And Accident is a direct-response provider of life insurance known for its administrative efficiencies. American Income Life provides individual life insurance to working families. Liberty National Life is one of the oldest traditional life insurers in the Southeast. United American is a consumer-oriented provider of supplemental life and health insurance. Family Heritage Life provides individual supplemental health insurance.
SOURCE Torchmark Corporation