In a recent announcement from Northbrook, Illinois, Allstate has disclosed an impressive declaration of approximately $29.3 million in aggregate dividends across three series of preferred stock for the upcoming dividend period from October 15, 2024, through January 14, 2025. This news has undoubtedly caught the attention of investors and stakeholders alike, with excitement building up in anticipation of the upcoming cash payouts on January 15, 2025, to stockholders of record as of December 31, 2024.
Here is a breakdown of the dividend distribution across the three series of preferred stock:
- Series H: Annual Dividend Rate of 5.100%, Quarterly Amount Per Depositary Share of $0.3187500
- Series I: Annual Dividend Rate of 4.750%, Quarterly Amount Per Depositary Share of $0.2968750
- Series J: Annual Dividend Rate of 7.375%, Quarterly Amount Per Depositary Share of $0.4609375
This significant declaration reaffirms Allstate’s commitment to providing value to its shareholders and maintaining a strong financial standing in the market.
It is important to note that financial updates and vital announcements about The Allstate Corporation can be easily accessed on their dedicated investor website at www.allstateinvestors.com.
With Allstate’s consistent track record of delivering favorable returns to investors, this recent dividend declaration is yet another testament to the company’s stability and growth potential. As we look ahead to the upcoming payout date on January 15, 2025, investors can rest assured in the company’s ability to generate long-term value and sustainable growth in the market.
