Allstate Returns Cash to Shareholders through Dividends

The Allstate Corporation (NYSE: ALL) announced today that its board of directors has approved common and preferred quarterly dividends.

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Tuesday, May 19, 2020
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Insurance, Professional services, Financial markets, Financial economics, Corporate finance, Equity securities, Dividends, Shareholders, Stock market, Preferred stock, Common stock, Allstate
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United States, Illinois
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  • The Allstate Corporation (NYSE: ALL) announced today that its board of directors has approved common and preferred quarterly dividends.
  • Allstate declared a quarterly dividend of 54 cents on each outstanding share of the corporation's common stock, payable in cash on July 1, 2020, to stockholders of record at the close of business on May 29, 2020.
  • Allstate also declared approximately $26.3 million in aggregate dividends on three series of preferred stock for the dividend period from April 15, 2020, through July 14, 2020.
  • All the preferred dividends are payable in cash on July 15, 2020, to stockholders of record at the close of business on June 30, 2020, as follows:


The Allstate Corporation (NYSE: ALL) announced today that its board of directors has approved common and preferred quarterly dividends.

“Payment of the common dividend is a sign of our continued financial strength in these uncertain times,” said Mario Rizzo, Allstate’s Chief Financial Officer.

Common Stock Dividends

Allstate declared a quarterly dividend of 54 cents on each outstanding share of the corporation's common stock, payable in cash on July 1, 2020, to stockholders of record at the close of business on May 29, 2020.

Preferred Stock Dividends

Allstate also declared approximately $26.3 million in aggregate dividends on three series of preferred stock for the dividend period from April 15, 2020, through July 14, 2020. All the preferred dividends are payable in cash on July 15, 2020, to stockholders of record at the close of business on June 30, 2020, as follows:

 

Series

Annual

Dividend Rate

Quarterly Amount

Per Depositary Share

Series G

5.625%

$0.3515625

Series H

5.100%

$0.3187500

Series I

4.750%

$0.2968750

Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com.

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