Allstate Approves Shareholder Dividends

19 Nov, 2015, 12:18 ET from Allstate Corporation

NORTHBROOK, Ill., Nov. 19, 2015 /PRNewswire/ -- The Allstate Corporation (NYSE: ALL) approved a common share dividend today, continuing its practice of providing attractive cash returns to shareholders. "With these dividends, we continue to fulfill our commitment to provide good returns to shareholders while maintaining a strong capital position to provide strategic flexibility," said Steven Shebik, chief financial officer.

Common Stock Dividends

The Allstate Corporation declared a quarterly dividend of 30 cents on each outstanding share of the corporation's common stock, payable in cash on January 4, 2016, to stockholders of record at the close of business on November 30, 2015.

Preferred Stock Dividends

The Allstate Corporation also declared approximately $29.1 million in aggregate dividends on five series of preferred stock for the dividend period from October 15, 2015 through January 14, 2016. All of the preferred dividends are payable in cash on January 15, 2016 to stockholders of record at the close of business on December 31, 2015, as follows:

Series

Annual

Dividend Rate

Quarterly Amount

Per Depositary Share

Series A

5.625%

$0.3515625

Series C

6.75%

$0.421875

Series D

6.625%

$0.4140625

Series E

6.625%

$0.4140625

Series F

6.25%

$0.390625

 

The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer, protecting approximately 16 million households from life's uncertainties through auto, home, life and other insurance offered through its Allstate, Esurance, Encompass and Answer Financial brand names. Allstate is widely known through the slogan "You're In Good Hands With Allstate®." The Allstate brand's network of small businesses offers auto, home, life and retirement products and services to customers in the United States and Canada.

Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com.

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SOURCE Allstate Corporation



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