Allstate Announces Preferred Dividends Payable on Oct. 15, 2024

Rhea-AI Summary

Allstate (ALL) has announced preferred dividends totaling approximately $29.3 million for the dividend period from July 15, 2024, through October 14, 2024. These dividends will be payable in cash on October 15, 2024, to stockholders of record as of September 30, 2024. The dividends are distributed across three series of preferred stock:

• Series H: 5.100% annual rate, $0.3187500 quarterly per depositary share
• Series I: 4.750% annual rate, $0.2968750 quarterly per depositary share
• Series J: 7.375% annual rate, $0.4609375 quarterly per depositary share

Investors can find additional financial information and material announcements about Allstate on the company's investor relations website.

Positive

• Consistent dividend payments demonstrate financial stability
• Diverse preferred stock offerings cater to different investor preferences
• Highest dividend rate of 7.375% on Series J preferred stock

Negative

• None.

NORTHBROOK, Ill.--(BUSINESS WIRE)-- Allstate declared approximately $29.3 million in aggregate dividends on three series of preferred stock for the dividend period from July 15, 2024, through Oct. 14, 2024. All the preferred dividends are payable in cash on Oct. 15, 2024, to stockholders of record at the close of business on Sept. 30, 2024, as follows:

	Series	Annual Dividend Rate	Quarterly Amount Per Depositary Share
	Series H	5.100%	$0.3187500
	Series I	4.750%	$0.2968750
	Series J	7.375%	$0.4609375

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20240913417573/en/

Nick Nottoli

(847) 402-5600

Source: Allstate

FAQ

When will Allstate (ALL) pay its next preferred stock dividend?

Allstate will pay its next preferred stock dividend on October 15, 2024, to stockholders of record as of September 30, 2024.

What is the total amount of preferred dividends Allstate (ALL) declared for October 2024?

Allstate declared approximately $29.3 million in aggregate preferred dividends for the dividend period ending October 14, 2024.

What are the dividend rates for Allstate's (ALL) preferred stock series?

Allstate's preferred stock dividend rates are: Series H at 5.100%, Series I at 4.750%, and Series J at 7.375% annually.

How often does Allstate (ALL) pay dividends on its preferred stock?

Based on the information provided, Allstate pays dividends on its preferred stock quarterly, with the current period covering July 15, 2024, through October 14, 2024.