Protective Life Trust Originated Preferred Securities Shares Cross 6% Yield Mark
December 31, 2014 at 14:08 PM EST
In trading on Wednesday, shares of Protective Life Corp.'s 6 1/8% Trust Originated Preferred Securities (PL. RB) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.5312), with shares changing hands as low as $25.44 on the day.