Allstate Returns Cash to Shareholders through Dividends
NORTHBROOK, Ill., May 19, 2020 – The Allstate Corporation (NYSE: ALL) announced today that its board of directors has approved common and preferred quarterly dividends.
“Payment of the common dividend is a sign of our continued financial strength in these uncertain times,” said Mario Rizzo, Allstate’s Chief Financial Officer.
Common Stock Dividends
Allstate declared a quarterly dividend of 54 cents on each outstanding share of the corporation’s common stock, payable in cash on July 1, 2020, to stockholders of record at the close of business on May 29, 2020.
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, 2020, through July 14, 2020. All the preferred dividends are payable in cash on July 15, 2020, to stockholders of record at the close of business on June 30, 2020, 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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