Allstate Returns Cash to Shareholders through Dividends
NORTHBROOK, Ill., May 21, 2019 – 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|
Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com.
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