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Allstate Announces Preferred Stock Dividends

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The Allstate Corporation declares dividends on preferred stock totaling approximately $18.2 million and $18.1 million for the dividend periods from July 15, 2023, through Oct. 14, 2023, and May 18, 2023, through Oct. 14, 2023, respectively.
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  • Dividends declared on preferred stock totaling approximately $18.2 million and $18.1 million.
  • Positive financial news for The Allstate Corporation.
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NORTHBROOK, Ill.--(BUSINESS WIRE)-- The Allstate Corporation (NYSE: ALL) today declared approximately $18.2 million in aggregate dividends on two series of preferred stock for the dividend period from July 15, 2023, through Oct. 14, 2023. All the preferred dividends are payable in cash on Oct. 16, 2023, to stockholders of record at the close of business on Sept. 29, 2023, as follows:

 

Series

Annual

Dividend Rate

Quarterly Amount

Per Depositary Share

Series H

5.100%

$0.3187500

Series I

4.750%

$0.2968750

The Allstate Corporation also declared a dividend of approximately $18.1 million at an annual dividend rate equal to 7.375% on the corporation’s Series J preferred stock for the dividend period from May 18, 2023 through Oct. 14, 2023. Accordingly, holders will receive $0.7528646 per depository share. This Series J preferred stock dividend will be payable in cash on Oct. 16, 2023, to stockholders of record at the close of business on Sept. 29, 2023.

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

Al Scott

(847) 402-5600

Source: The Allstate Corporation

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