Allstate Returns Cash to Shareholders through Dividends
NORTHBROOK, Ill.–(BUSINESS WIRE)–
The Allstate Corporation (NYSE: ALL) announced today that its board of directors has approved a quarterly dividend of $0.89 per outstanding common share. Allstate also declared the payment of quarterly preferred dividends.
Common Stock Dividends
Allstate declared a quarterly dividend of $0.89 on each outstanding share of the corporation’s common stock, payable in cash on July 3, 2023, to stockholders of record at the close of business on June 2, 2023.
Preferred Stock Dividends
Allstate also declared approximately $18.2 million in aggregate dividends on two series of preferred stock for the dividend period from April 15, 2023, through July 14, 2023. All the preferred dividends are payable in cash on July 17, 2023, to stockholders of record at the close of business on June 30, 2023, as follows:
|
Series |
Annual Dividend Rate |
Quarterly Amount Per Depositary Share |
|
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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Al Scott
(847) 402-5600
KEYWORDS: United States North America Illinois
INDUSTRY KEYWORDS: Professional Services Insurance Finance
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