September 23, 2013 at 09:41 AM EDT
Protective Life Corp.’s Trust Originated Preferred Securities Goes Ex-Dividend Soon
On 9/25/13, Protective Life Corp.'s 6 1/8% Trust Originated Preferred Securities (NYSE: PL.PRB) will trade ex-dividend, for its quarterly dividend of $0.3828, payable on 9/30/13. As a percentage of PL.PRB's recent share price of $24.04, this dividend works out to approximately 1.59%, so look for shares of PL.PRB to trade 1.59% lower — all else bein...
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