NORTHBROOK, Ill., Nov. 19, 2015 /PRNewswire/ -- The Allstate
Corporation (NYSE: ALL) approved a common share dividend today,
continuing its practice of providing attractive cash returns to
shareholders. "With these dividends, we continue to fulfill our
commitment to provide good returns to shareholders while
maintaining a strong capital position to provide strategic
flexibility," said Steven Shebik,
chief financial officer.
Common Stock Dividends
The Allstate Corporation declared a quarterly dividend of
30 cents on each outstanding share of
the corporation's common stock, payable in cash on January 4, 2016, to stockholders of record at the
close of business on November 30,
2015.
Preferred Stock Dividends
The Allstate Corporation also declared approximately
$29.1 million in aggregate dividends
on five series of preferred stock for the dividend period from
October 15, 2015 through January 14, 2016. All of the preferred dividends
are payable in cash on January 15,
2016 to stockholders of record at the close of business on
December 31, 2015, as follows:
Series
|
Annual
Dividend
Rate
|
Quarterly
Amount
Per Depositary
Share
|
Series A
|
5.625%
|
$0.3515625
|
Series C
|
6.75%
|
$0.421875
|
Series D
|
6.625%
|
$0.4140625
|
Series E
|
6.625%
|
$0.4140625
|
Series F
|
6.25%
|
$0.390625
|
The Allstate Corporation (NYSE: ALL) is the nation's largest
publicly held personal lines insurer, protecting approximately 16
million households from life's uncertainties through auto, home,
life and other insurance offered through its Allstate, Esurance,
Encompass and Answer Financial brand names. Allstate is widely
known through the slogan "You're In Good Hands With
Allstate®." The Allstate brand's network of small
businesses offers auto, home, life and retirement products and
services to customers in the United
States and Canada.
Financial information, including material announcements about
The Allstate Corporation, is routinely posted on
www.allstateinvestors.com.
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SOURCE Allstate Corporation