Protective Life 6.25% Subordinated Debentures

By: ,

 

S&P Rating  BBB+

Security Ticker Symbol   PL-C

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Market Traded ON   NYSE

Interest Payment Paid on the 15th of February, May, August and November beginning on 08/15/2012

Quarterly Interest   .391   Annual Interest   1.563

Securities may be redeemed, at the issuers option, as early as 05/15/2017 for a redemption price of $25/share plus accrued interest

Interest Payment Will NOT be Qualified Distributions.  Payments are interest (not dividends) thus they do not qualify for preferential tax rates.

Maturity Date   5/15/2042

 

Company Investor Relations Page for Protective Life

Below you can find the offering Prospectus and or final pricing documents

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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