Torchmark (TMK) will increase its quarterly dividend by 6.7 percent to $0.16 per share in the first quarter of 2018. The yield is 0.7% based on the new annual dividend of $0.64 per share. The company has now raised its dividend for 13 consecutive years.

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.