Torchmark Corporation Elects New Director And Declares Dividend

November 11, 2016

McKinney, Texas

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

For further information: 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