NORTHBROOK, Ill., May 25, 2017 /PRNewswire/ -- The Allstate
Corporation (NYSE: ALL) announced common and preferred dividends
today, continuing its practice of providing attractive cash returns
to shareholders.
"We continue to proactively return cash to Allstate
shareholders," said Steven Shebik,
Allstate's chief financial officer. "Allstate returned $371 million to shareholders during the first
quarter of 2017 through a combination of common stock dividends and
common share repurchases."
Common Stock Dividends
The Allstate Corporation
declared a quarterly dividend of 37
cents on each outstanding share of the corporation's common
stock, payable in cash on July 3,
2017, to stockholders of record at the close of business on
June 5, 2017.
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 April 15,
2017 through July 14, 2017.
All the preferred dividends are payable in cash on July 17, 2017, to stockholders of record at the
close of business on June 30, 2017,
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®." Allstate agencies are in virtually every
local community in America.
Financial information, including material announcements about
The Allstate Corporation, is routinely posted on
www.allstateinvestors.com.
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SOURCE The Allstate Corporation