Torchmark Corporation Elects New Director And Declares Dividend
MCKINNEY, Texas, Nov. 11, 2016 -- Torchmark Corporation
(NYSE: TMK) announced today that Steven P.
Johnson was elected to its Board of Directors on
November 2, 2016. A
Texas resident, Mr. Johnson holds
a B.B.A. degree in Accounting from the University of Wisconsin – Eau Claire. During
his 41-year career with Deloitte & Touche, he held a variety of
positions, including direct client service and senior firm
leadership roles, ultimately serving as Deputy Managing
Partner-Operations. Since his retirement in June 2013, he has served as a financial
consultant/advisor for Boulder Creek Development, LLP and its
affiliated companies.
Torchmark also announced that its Board of Directors has
declared a quarterly dividend of $.14
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 6,
2017. The dividend will be paid on February 1, 2017.
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
CONTACT: Mike Majors, Vice
President, Investor Relations, Phone: 972/569-3239, FAX:
972/569-3282, tmkir@torchmarkcorp.com, Website:
www.torchmarkcorp.com, 3700 South Stonebridge Drive, McKinney, Texas 75070