Allstate Announces Preferred Stock Dividends

Rhea-AI Summary

The Allstate Corporation (NYSE: ALL) declared approximately $26.3 million in dividends on three preferred stock series for the period from Oct. 15, 2022, to Jan. 14, 2023. The dividends are payable in cash on Jan. 17, 2023, to stockholders of record as of Dec. 30, 2022. The dividend breakdown is as follows:

• Series G: 5.625% annual rate, $0.3515625 quarterly
• Series H: 5.100% annual rate, $0.3187500 quarterly
• Series I: 4.750% annual rate, $0.2968750 quarterly

Positive

• Declaration of $26.3 million in aggregate dividends demonstrates financial stability.
• Consistent quarterly dividend payments across multiple series indicate strong cash flow management.

Negative

• None.

NORTHBROOK, Ill.--(BUSINESS WIRE)-- The Allstate Corporation (NYSE: ALL) today declared approximately $26.3 million in aggregate dividends on three series of preferred stock for the dividend period from Oct. 15, 2022, through Jan. 14, 2023. All the preferred dividends are payable in cash on Jan. 17, 2023, to stockholders of record at the close of business on Dec. 30, 2022, as follows:

Series	Annual  Dividend Rate	Quarterly Amount  Per Depositary Share
Series G	5.625%	$0.3515625
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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221206006012/en/

Al Scott

(847) 402-5600

Source: The Allstate Corporation

FAQ

What is the total dividend amount declared by Allstate Corporation on preferred stocks?

Allstate Corporation declared approximately $26.3 million in aggregate dividends.

When is the dividend payment date for Allstate Corporation's preferred stocks?

The dividend payment date is set for January 17, 2023.

What are the annual dividend rates for Allstate's preferred stock series?

The annual rates are 5.625% for Series G, 5.100% for Series H, and 4.750% for Series I.

What are the quarterly dividend amounts for Allstate's preferred stocks?

The quarterly amounts are $0.3515625 for Series G, $0.3187500 for Series H, and $0.2968750 for Series I.

Who is eligible for the dividend payment from Allstate Corporation?

Stockholders of record at the close of business on December 30, 2022, are eligible for the dividend payment.