Allstate Announces Preferred Stock Dividends, Rewarding Shareholders with $29.3 Million
NORTHBROOK, Ill.- The Allstate Corporation (NYSE: ALL), one of America’s largest insurers, has declared approximately $29.3 million in aggregate dividends on three series of preferred stock for the dividend period starting from October 15, 2023, through January 14, 2024.This move demonstrates Allstate’s commitment to providing value to its shareholders.
The preferred stock dividends will be paid in cash on January 16, 2024, to stockholders of record as of December 29, 2023, closing of the business.The breakdown for each series of preferred stock is as follows:
- Series H: The annual dividend rate for Series H is 5.100%. Shareholders will receive a quarterly cash dividend of $0.3187500 per depositary share.
- Series I: For Series I, the annual dividend rate is set at 4.750%. Shareholders will be en
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