Last $69.37 USD
Change Today -0.01 / -0.01%
Volume 766.8K
PL On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 4:15 PM 07/24/14 All times are local (Market data is delayed by at least 15 minutes).

protective life corp (PL) Snapshot

Open
$69.40
Previous Close
$69.38
Day High
$69.44
Day Low
$69.37
52 Week High
06/10/14 - $69.88
52 Week Low
09/3/13 - $41.26
Market Cap
5.5B
Average Volume 10 Days
938.9K
EPS TTM
$4.56
Shares Outstanding
78.8M
EX-Date
05/21/14
P/E TM
15.2x
Dividend
$0.96
Dividend Yield
1.21%
Current Stock Chart for PROTECTIVE LIFE CORP (PL)

protective life corp (PL) Related Businessweek News

No Related Businessweek News Found

protective life corp (PL) Details

Protective Life Corporation, together with its subsidiaries, provides financial services primarily in the United States. The company is engaged in the production, distribution, and administration of insurance and investment products. Its Life Marketing segment markets universal life, variable universal life, bank-owned life, and level premium term insurance products primarily through networks of independent insurance agents and brokers, stockbrokers, and independent marketing organizations. The company’s Acquisitions segment focuses on acquiring, converting, and servicing life insurance policies and annuity products that were sold to individuals. Its Annuities segment markets and sells fixed and variable annuity products, such as modified guaranteed, single premium deferred, single premium immediate, and indexed annuities primarily through broker-dealers, financial institutions, and independent agents and brokers. The company’s Stable Value Products segment sells fixed and floating rate funding agreements directly to the trustees of municipal bond proceeds, money market funds, bank trust departments, and other institutional investors; and issues funding agreements to the Federal Home Loan Bank, and markets guaranteed investment contracts to qualified retirement savings plans, as well as has contracts outstanding pursuant to a funding agreement-backed notes program, which offered notes to institutional and retail investors. Its Asset Protection segment markets extended service contracts, and credit life and disability insurance to protect consumers' investments in automobiles, watercraft, and recreational vehicles; and a guaranteed asset protection product through a national network of automobile, marine, and RV dealers. Protective Life Corporation was founded in 1907 and is headquartered in Birmingham, Alabama.

2,402 Employees
Last Reported Date: 02/28/14
Founded in 1907

protective life corp (PL) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $945.8K
Vice Chairman and Chief Financial Officer
Total Annual Compensation: $496.7K
Chief Investment Officer and Executive Vice P...
Total Annual Compensation: $452.2K
Executive Vice President, General Counsel and...
Total Annual Compensation: $432.5K
Chief Risk Officer and Executive Vice Preside...
Total Annual Compensation: $355.0K
Compensation as of Fiscal Year 2013.

protective life corp (PL) Key Developments

Levi & Korsinsky, LLP Notifies Investors of Protective Life Corporation of Class Action Against Board of Directors in Connection With the Sale of the Company to Dai-ichi Life Insurance Company, Limited

Levi & Korsinsky notified investors of Protective Life Corporation of claims of breaches of fiduciary duty and other violations of state law in connection with the sale of the company to Dai-ichi Life Insurance Company, Limited. A complaint was filed in Delaware state court. Under the terms of the transaction, Protective Life shareholders will receive $70 in cash for each share of Protective Life common stock they own. The claims concern whether the Protective Life Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Dai-ichi is underpaying for Protective Life shares.

Protective Life Corporation Hires David Perry as New Vice President of Operational Risk

Protective Life Corporation announced that David Perry has been named to the newly created role of vice president, operational risk. In this capacity, Perry will be responsible for leading operational risk management efforts within Protective's Enterprise Risk Management (ERM) department. In addition, he will support broad efforts to advance the company's ERM program as well as specific initiatives to manage both existing and emerging regulatory risks. Perry currently serves as chief of staff for Alabama Governor Robert Bentley, where his responsibilities include running daily operations for the governor's administration. He previously served as the state's finance director, where he developed and managed a state budget with $20 billion in annual revenues and managed a staff of 500 employees. Perry will report to Mike Temple, Protective's executive vice president and chief risk officer.

Protective Life Corporation Declares Quarterly Dividend Payable on June 9, 2014

Protective Life Corporation declared a quarterly dividend of $0.24 per share, representing a 20% increase over the previous quarterly dividend. The dividend will be paid June 9, 2014, to share owners of record at the close of business on May 23, 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PL:US $69.37 USD -0.01

PL Competitors

Market data is delayed at least 15 minutes.

Company Last Change
American Financial Group Inc/OH $58.61 USD -0.06
American National Insurance Co $111.86 USD -0.83
CNO Financial Group Inc $17.24 USD +0.04
Erie Indemnity Co $73.19 USD +0.22
Torchmark Corp $54.04 USD -0.50
View Industry Companies
 

Industry Analysis

PL

Industry Average

Valuation PL Industry Range
Price/Earnings 14.1x
Price/Sales 1.4x
Price/Book 1.3x
Price/Cash Flow 13.7x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PROTECTIVE LIFE CORP, please visit www.protective.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.