Torchmark Corporation Declares Stock and Cash Dividends

By Torchmark Corporation, PRNE
Sunday, May 1, 2011

MCKINNEY, Texas, May 2, 2011 - Torchmark Corporation (NYSE: TMK) announced that its Board of Directors
has declared a 3 for 2 partial stock split paid in the form of a 50% stock
dividend on all the Company's outstanding common stock. The record date for
the 3 for 2 stock split will be the close of business on June 1, 2011 and the
broker cut-off date will be June 8, 2011. On July 1, 2011, the payment date,
holders of Torchmark common stock on the record date will receive one
additional share of stock for each two shares held on the record date. Cash
will be paid in lieu of fractional shares.

The Board of Directors also declared a quarterly cash dividend on the
Company's common stock payable August 1, 2011 to shareholders of record as of
the close of business on June 1, 2011. The common dividend, which will be
paid on all issued and outstanding shares including those shares issued on
July 1, 2011 in the partial stock split will be $.11 per share. This is
equivalent to a $.165 per share dividend prior to the split.

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 labor union members. Liberty National
is one of the oldest traditional life insurers in the Southeast. United
American is a consumer-oriented provider of supplemental life and health


Mike Majors, Vice President, Investor Relations of Torchmark Corporation, Phone, +1-972-569-3627, Fax, +1-972-569-3282, tmkir at

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