Torchmark (TMK) will increase its quarterly dividend by 7.8 percent to $0.1725 per share in 2019. This follows a 6.7 percent dividend increase to 16 cents quarterly last year.

The dividend will be paid on May 1, 2019 to shareholders of record on April 5, 2019. A new annual rate of 69 cents per share yields 0.9% at the current stock price.

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.