Allstate Returns Cash to Shareholders through Dividends
May 21 2019 - 11:39AM
Business Wire
The Allstate Corporation (NYSE: ALL) announced today that its
board of directors has approved common and preferred quarterly
dividends.
“We continue to provide strong cash returns to Allstate
shareholders,” said Mario Rizzo, Allstate’s Chief Financial
Officer. “The common dividend reflects the increase of 8.7
percent per common share announced in February, demonstrating both
our financial strength and continued commitment to being good
stewards of our shareholders’ capital.”
Common Stock Dividends
Allstate declared a quarterly dividend of 50 cents on each
outstanding share of the corporation's common stock, payable in
cash on July 1, 2019, to stockholders of record at the close of
business on May 31, 2019.
Preferred Stock Dividends
Allstate also declared approximately $30.7 million in aggregate
dividends on five series of preferred stock for the dividend period
from April 15, 2019, through July 14, 2019. All the preferred
dividends are payable in cash on July 15, 2019, to stockholders of
record at the close of business on June 28, 2019, as follows:
Series
Annual
Dividend Rate
Quarterly Amount
Per Depositary Share
Series A 5.625% $0.3515625 Series D 6.625%
$0.4140625 Series E 6.625% $0.4140625 Series F
6.25% $0.390625 Series G 5.625%
$0.3515625
Financial information, including material announcements about
The Allstate Corporation, is routinely posted on
www.allstateinvestors.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190521005713/en/
Greg Burns(847) 402-5600
Allstate (NYSE:ALL)
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