Allstate Returns Cash to Shareholders Through Dividends

Rhea-AI Summary

The Allstate Corporation (NYSE: ALL) has declared a quarterly dividend of $0.85 per share on its common stock, payable on July 1, 2022, to stockholders of record by June 3, 2022. Additionally, approximately $26.3 million in preferred dividends will be paid for the period from April 15 to July 14, 2022, with distributions occurring on July 15, 2022. Preferred dividends will be allocated across three series, with rates ranging from 4.75% to 5.625%.

Positive

• Quarterly common dividend of $0.85 reflects company confidence and provides income to shareholders.
• Preferred dividend payout of approximately $26.3 million indicates stable financial management.

Negative

• None.

NORTHBROOK, Ill.--(BUSINESS WIRE)-- The Allstate Corporation (NYSE: ALL) announced today that its board of directors has approved a quarterly dividend of $0.85 per outstanding common share. Allstate also declared the payment of quarterly preferred dividends.

Common Stock Dividends

Allstate declared a quarterly dividend of $0.85 on each outstanding share of the corporation's common stock, payable in cash on July 1, 2022, to stockholders of record at the close of business on June 3, 2022.

Preferred Stock Dividends

Allstate also declared approximately $26.3 million in aggregate dividends on three series of preferred stock for the dividend period from April 15, 2022, through July 14, 2022. All the preferred dividends are payable in cash on July 15, 2022, to stockholders of record at the close of business on June 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/20220523006034/en/

Al Scott

(847) 402-5600

Source: The Allstate Corporation

FAQ

What is the dividend amount for Allstate's common stock?

Allstate has declared a quarterly dividend of $0.85 per share on its common stock.

When is the Allstate dividend payment date?

The dividend is payable on July 1, 2022.

What preferred dividends has Allstate declared?

Allstate declared approximately $26.3 million in preferred dividends for three series of preferred stock.

When will the preferred dividends for Allstate be paid?

Preferred dividends will be payable on July 15, 2022.

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

The preferred stock dividend rates range from 4.75% to 5.625%.