Allstate Announces Quarterly Dividend

Rhea-AI Summary

The Allstate Corporation (NYSE: ALL) has announced a quarterly dividend of 81 cents per share, payable on October 1, 2021, to shareholders on record as of August 31, 2021. This dividend is 50% higher than the previous year, reflecting the board's confidence in the company's capital position and earnings prospects, as stated by CFO Mario Rizzo. This decision marks consistency with dividends issued in the prior two quarters, reinforcing a positive outlook for investors.

Positive

• Quarterly dividend increased by 50% compared to last year.
• Consistent with previous two quarters shows stability.
• Reflects confidence in capital position and earnings prospects.

Negative

• None.

The Allstate Corporation (NYSE: ALL) announced today that its board of directors has approved a quarterly dividend of 81 cents on each outstanding share of the corporation's common stock, payable in cash on Oct. 1, 2021, to stockholders of record at the close of business on Aug. 31, 2021.

“This is consistent with the prior two quarters and is 50% higher than the prior year reflecting the board’s confidence in Allstate’s capital position and earnings prospects,” said Mario Rizzo, Chief Financial Officer.

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/20210715005948/en/

FAQ

What is the dividend amount for Allstate Corporation in 2021?

The dividend amount for Allstate Corporation is 81 cents per share.

When is Allstate Corporation's dividend payment date?

The dividend payment date is October 1, 2021.

Who are the stockholders eligible for the dividend from Allstate Corporation?

Stockholders of record as of August 31, 2021, are eligible for the dividend.

How does the recent dividend compare to previous years for Allstate Corporation?

The recent dividend is 50% higher than the prior year.