Allstate Returns Cash to Shareholders through Dividends

NORTHBROOK, Ill., May 25, 2017 /PRNewswire/ -- The Allstate Corporation (NYSE: ALL) announced common and preferred dividends today, continuing its practice of providing attractive cash returns to shareholders.

"We continue to proactively return cash to Allstate shareholders," said Steven Shebik, Allstate's chief financial officer. "Allstate returned $371 million to shareholders during the first quarter of 2017 through a combination of common stock dividends and common share repurchases."

Common Stock Dividends
The Allstate Corporation declared a quarterly dividend of 37 cents on each outstanding share of the corporation's common stock, payable in cash on July 3, 2017, to stockholders of record at the close of business on June 5, 2017.

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, 2017 through July 14, 2017. All the preferred dividends are payable in cash on July 17, 2017, to stockholders of record at the close of business on June 30, 2017, 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. Allstate is widely known through the slogan "You're In Good Hands With Allstate^®." Allstate agencies are in virtually every local community in America.

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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