8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of report (Date of earliest event reported)           February 8, 2005          

The Liberty Corporation

(Exact name of Registrant as Specified in Charter)

South Carolina	1-5846	57-0507055
(State or Other Jurisdiction	(Commission	(IRS Employer
of Incorporation)	File Number)	Identification No.)

135 South Main Street, Greenville, SC	29601
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code           (864) 241-5400          

n/a

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions

o      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 Regulation FD Disclosure

     The following information is furnished pursuant to Item 7.01, “Regulation FD Disclosure.”

     On February 8, 2005 The Liberty Corporation issued a press release announcing the board of directors declared a regular quarterly dividend of $.25 per share on its common stock. The dividend is payable on April 4, 2005, to shareholders of record on March 15, 2005.

     In addition, the board of directors authorized the payment of a one-time, special cash dividend of $4.00 per share on common stock, which will also be payable on April 4, 2005, to shareholders of record on March 15, 2005.

     The board of directors also extended to February 28, 2006, the company’s authorization to purchase from time to time up to 4,000,000 shares of stock in the open market or directly negotiated transactions.

     A copy of that press release is attached as Exhibit 99 (herein incorporated by reference).

Item 9.01 Financial Statements and Exhibits

     (c) Exhibits

     99.      Press release, dated February 8, 2005, issued by The Liberty Corporation

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	THE LIBERTY CORPORATION
February 8, 2005
	By:	/s/ Martha Williams
	Name:	Martha Williams
	Title:	Vice President, General Counsel and Secretary

2

EX-99

Exhibit 99

[LIBERTY CORPORATION LETTERHEAD]

For further information:      Howard Schrott, 864-241-5400

LIBERTY CORPORATION DECLARES SPECIAL DIVIDEND, REGULAR DIVIDEND,
AND EXTENDS STOCK PURCHASE AUTHORIZATION

Greenville, SC (February 8, 2005) –The board of directors of The Liberty Corporation (NYSE:LC) today declared a regular quarterly dividend of $.25 per share on its common stock. The dividend is payable on April 4, 2005, to shareholders of record on March 15, 2005. Liberty currently has 18,477,900 common shares outstanding.

     In addition, the board of directors authorized the payment of a one-time, special cash dividend of $4.00 per share on common stock, which will also be payable on April 4, 2005, to shareholders of record on March 15, 2005.

     The board of directors also extended to February 28, 2006, the company’s authorization to purchase from time to time up to 4,000,000 shares of stock in the open market or directly negotiated transactions. During 2004 the Company repurchased 975,300 shares of its common stock in the open market.

     Hayne Hipp, Chief Executive Office of Liberty commented, “Our top rated televisions stations are stable and reliable cash flow generators. We have a clean balance sheet and access to capital. This special dividend in combination with our regular dividend and stock repurchase plan are ways we can take advantage of all these factors to deliver value to our shareholders.”

     It was announced that the company’s annual meeting of shareholders will be held on May 3, 2005, at 10:30 a.m. Eastern Time at The Westin Poinsett located at 120 South Main Street in Greenville. Shareholders of record as of March 15, 2005, are entitled to vote on business introduced at the annual meeting.

     A major group broadcaster, Liberty owns fifteen network-affiliated television stations, including eight NBC affiliates (WAVE-TV, Louisville, KY; WIS-TV, Columbia, SC; WLBT-TV, Jackson, MS; WFIE-TV, Evansville, IN; WSFA-TV, Montgomery, AL; KCBD-TV, Lubbock, TX; WALB-TV, Albany, GA and KPLC-TV, Lake Charles, LA); five ABC affiliates (KLTV-TV, Tyler, TX; KTRE-TV, the satellite affiliate of KLTV in Lufkin, TX; WLOX-TV, Biloxi, MS; WWAY-TV, Wilmington, NC and KAIT-TV, Jonesboro, AR); and two CBS affiliates (WTOL-TV, Toledo, OH and KGBT-TV, Harlingen, TX).

     For further information about Liberty, visit the corporate website, http://www.libertycorp.com/

     The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements. Certain information contained herein or in any other written or oral statements made by, or on behalf of the Company, is or may be viewed as forward-looking. The words “expect,” “believe,” “anticipate” or similar expressions identify forward-looking statements. Although the Company has used appropriate care in developing any such forward-looking information, forward-looking information involves risks and uncertainties that could significantly impact actual results. These risks and uncertainties include, but are

not limited to, the following: changes in national and local markets for television advertising; changes in general economic conditions, including the performance of financial markets and interest rates; competitive, regulatory, or tax changes that affect the cost of or demand for the Company’s products; and adverse litigation results. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future developments, or otherwise.