Fitch Rates Protective Life Corporation Debt & Affirms Ratings; Outlook Stable
Fitch Ratings has assigned a 'BB+' rating to Protective Life Corp.'s new issuance of subordinated debt. At the same time, Fitch has affirmed the 'BBB+' Issuer Default Rating rating of PL, the 'A' insurer financial strength rating of Protective Life Insurance Co.

Cash Dividend On The Way From Protective Life Corp.
Looking at the universe of stocks we cover at Dividend Channel, on 5/23/12, Protective Life Corp. (NYSE: PL) will trade ex-dividend, for its quarterly dividend of $0.18, payable on 6/11/12. As a percentage of PL's recent stock price of $25.43, this dividend works out to approximately 0.71%.

A.M. Best Assigns Debt Rating to Protective Life Corporation’s New Subordinated Debentures
A.M. Best Co. has assigned a debt rating of “bbb+” to the 30-year $250 million 6.25% subordinated debentures recently issued by Protective Life Corporation [NYSE: PL].

Protective Declares Quarterly Dividend
The Board of Directors of Protective Life Corporation declared a quarterly dividend of $0.18 per share. The Corporation’s Board of Directors declared the quarterly divide

Protective Reports First Quarter 2012 Results
Protective Life Corporation today reported results for the first quarter of 2012. Net income available to PLC’s common shareowners for the first quarter of 2012 was $99.0 million or $1.18 per average diluted share, compared to $58.9 million or $0.67 per average diluted share in the first quarter of 2011.