Allstate Returns Cash to Shareholders through Dividends

NORTHBROOK, Ill., May 24, 2016 /PRNewswire/ -- The Allstate Corporation (NYSE: ALL) announced dividends today, continuing its practice of providing attractive cash returns to shareholders.

"These dividends, along with stock repurchases, demonstrate our strong commitment of proactively returning cash to Allstate shareholders," said Steven Shebik, Allstate's chief financial officer. "Allstate returned $565 million of capital to our shareholders in the first quarter of 2016."

Common Stock Dividends
The Allstate Corporation declared a quarterly dividend of 33 cents on each outstanding share of the corporation's common stock, payable in cash on July 1, 2016, to stockholders of record at the close of business on June 3, 2016.

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 April 15, 2016 through July 14, 2016. All of the preferred dividends are payable in cash on July 15, 2016 to stockholders of record at the close of business on June 30, 2016, 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. Now celebrating its 85th anniversary as an insurer, 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 The Allstate Corporation

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