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NEW YORK ( TheStreet) -- The ex-dividend date for Torchmark Corporation (NYSE: TMK) is tomorrow, July 2, 2013. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $65.74 as of 9:31 a.m. ET, the dividend yield is 1%. The average volume for Torchmark has been 507,400 shares per day over the past 30 days. Torchmark has a market cap of $6.08 billion and is part of the financial sector and insurance industry. Shares are up 26.1% year to date as of the close of trading on Friday. Torchmark Corporation, through its subsidiaries, provides various life and health insurance products, and annuities in the United States, Canada, and New Zealand. The company operates in three segments: Life Insurance, Health Insurance, and Annuities. The company has a P/E ratio of 11.8, below the S&P 500 P/E ratio of 17.7.