Protective Declares Quarterly Dividend

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- The Board of Directors of Protective Life Corporation (NYSE: PL) declared a quarterly dividend of $0.16 per share. The Corporation’s Board of Directors declared the quarterly dividend to be paid November 28, 2011 to share owners of record at the close of business on November 11, 2011.

About Protective Life Corporation

Protective Life Corporation provides financial services through the production, distribution and administration of insurance and investment products throughout the United States. It has annual revenues of approximately $3.1 billion and as of December 31, 2010 had assets of approximately $47.6 billion.

Protective Life CorporationEva Robertson, Vice President, Investor Relations, 205-268-3912

Source: Protective Life Corporation