Allstate Returns Cash to Shareholders through Dividends

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:

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

SOURCE The Allstate Corporation