Protective Declares Quarterly Dividend

BIRMINGHAM, Ala.--(BUSINESS WIRE)--The Board of Directors of Protective Life Corporation (NYSE:PL) met and declared a quarterly dividend of $0.12 per share to be paid December 1, 2008, to share owners of record at the close of business on November 14, 2008.

Protective Life Corporation provides financial services through the production, distribution and administration of insurance and investment products throughout the United States. It has annual revenues of approximately $3.1 billion and as of December 31, 2007 had assets of approximately $41.8 billion.