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ap

Torchmark board boosts dividend to 15 cents

Torchmark board of directors boosts dividend 7 percent to 15 cents

  • On 5:16 pm EDT, Friday October 23, 2009

MCKINNEY, Texas (AP) -- Life and health insurer Torchmark Corp. said Friday its board of directors raised the quarterly dividend about 7 percent to 15 cents.

It is payable Feb. 1 to shareholders on record as of Jan. 6.

The prior quarterly payout was 14 cents.

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