Allstate Announces Quarterly Dividends
Allstate Announces Quarterly Dividends
The Allstate Corporation (NYSE: ALL) announced that its board of directors approved a quarterly dividend of $0.92 on Feb. 22, 2024, which is an increase of $0.03, or 3.4%, per share compared to last quarter. Allstate also declared the payment of quarterly preferred dividends.
“Allstate’s increase in common dividend per share reflects our ongoing commitment to reward our shareholders, and shows Allstate’s continued financial strength,” said Jess Merten, Allstate’s Chief Financial Officer.
Common Stock Dividends
Allstate declared a quarterly dividend of $0.92 cents on each outstanding share of the corporation's common stock, payable in cash on April 1, 2024, to stockholders of record at the close of business on March 4, 2024.
Preferred Stock Dividends
Allstate also declared approximately $29.3 million in aggregate dividends on three series of preferred stock for the dividend period from Jan. 15, 2024, through April 14, 2024. All the preferred dividends are payable in cash on April 15, 2024, to stockholders of record at the close of business on March 28, 2024, as follows:
Series |
Annual Dividend Rate |
Quarterly Amount Per Depositary Share |
Series H |
5.100% |
$0.3187500 |
Series I |
4.750% |
$0.2968750 |
Series J |
7.375% |
$0.4609375 |
Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com.
Al Scott
(847) 402-5600
View source version on businesswire.com: https://www.businesswire.com/news/home/20240223013960/en/
-
What’s the Difference Between the CPI and PCE Indexes?
-
Powell Unfazed By Sticky Inflation, but Rate Cuts Are Far Off
-
After Earnings, Is Microsoft Stock a Buy, a Sell, or Fairly Valued?
-
Best- and Worst-Performing Stocks of April 2024
-
Magnificent 7 Stocks Earnings Updates: AI Remains the Focus
-
Small-Cap and Value Stocks Are Undervalued
-
Why We Expect the Job Market’s Slowdown to Renew in 2024
-
5 Undervalued Stocks to Buy to Play a Little Defense
-
Look Inside Berkshire Hathaway’s Portfolio Before Its Annual Meeting
-
How to Invest Like Warren Buffett
-
Cognizant Earnings: Improved Profitability Buttresses Results as Customer Spending Remains Muted
-
10 Top-Performing Dividend Stocks of the Month
-
Marathon Petroleum Earnings: No Change to Competitive Position, but Shares Look Expensive
-
Charlie Munger and How Not to Invest
-
After Earnings, Is AT&T Stock a Buy, a Sell, or Fairly Valued?
-
Mastercard Earnings: A Stable Environment Highlights the Firm’s Strengths