NORTHBROOK, Ill., Nov. 16, 2018 /PRNewswire/ -- The Allstate
Corporation (NYSE: ALL) today announced common and preferred
dividends, continuing its practice of providing attractive cash
returns to stockholders.
"We continue to provide meaningful returns to Allstate
stockholders," said Mario Rizzo,
Allstate's Chief Financial Officer. "Allstate returned $385 million to stockholders during the third
quarter of 2018 through a combination of common stock dividends and
common share repurchases. We also recently announced a new
$3 billion common share repurchase
program."
Common Stock Dividends
Allstate's board of directors
has approved a quarterly dividend of 46
cents on each outstanding share of the corporation's common
stock, payable in cash on January 2,
2019, to stockholders of record at the close of business on
November 30, 2018.
Preferred Stock Dividends
Allstate also declared
approximately $30.7 million in
aggregate dividends on five series of preferred stock for the
dividend period from October 15, 2018
through January 14, 2019. All the
preferred dividends are payable in cash on January 15, 2019 to stockholders of record at the
close of business on December 31,
2018, as follows:
Series
|
Annual
Dividend
Rate
|
Quarterly
Amount
Per Depositary
Share
|
Series A
|
5.625%
|
$0.3515625
|
Series D
|
6.625%
|
$0.4140625
|
Series E
|
6.625%
|
$0.4140625
|
Series F
|
6.25%
|
$0.390625
|
Series G
|
5.625%
|
$0.3515625
|
Financial information, including material announcements about
The Allstate Corporation, is routinely posted
on www.allstateinvestors.com.
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SOURCE The Allstate Corporation