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Home Insurance Law

Allstate publicizes quarterly dividend and share repurchase authorization

admin by admin
2025年2月27日
in Insurance Law
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Allstate to Focus on First Quarter 2023 Earnings with Buyers
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2025 insurance coverage shopping for information: April 2025 e-newsletter

Allstate joins Chicago Quantum Change to form the way forward for insurance coverage

NORTHBROOK, Sick., Feb. 26, 2025 – The Allstate Company (NYSE: ALL) introduced that its board of administrators permitted a quarterly frequent inventory dividend of $1.00 on Feb. 26, 2025, which is a rise of $0.08, or 8.7%, per share in comparison with final quarter. Allstate additionally declared the cost of quarterly most well-liked dividends.

As well as, the board of administrators has licensed a $1.5 billion share repurchase program of excellent frequent inventory. The authorization will stay in impact via Sept. 30, 2026.

“As we speak’s announcement displays Allstate’s sturdy monetary place and continued confidence in our technique,” mentioned Jess Merten, Allstate’s Chief Monetary Officer. “The dividend will increase mixed with the brand new $1.5 billion share repurchase program display our dedication to delivering worth for shareholders.”

Frequent Inventory Dividends

Allstate declared a quarterly dividend of $1.00 on every excellent share of the company’s frequent inventory, payable in money on April 1, 2025, to stockholders of file on the shut of enterprise on March 10, 2025.

Most well-liked Inventory Dividends

Allstate additionally declared roughly $29.3 million in combination dividends on three collection of most well-liked inventory for the dividend interval from Jan. 15, 2025, via April 14, 2025. All the popular dividends are payable in money on April 15, 2025, to stockholders of file on the shut of enterprise on March 31, 2025, as follows:

  Collection Annual Dividend Charge Quarterly Quantity Per Depositary Share
Collection H 5.100% $0.3187500
Collection I 4.750% $0.2968750
Collection J 7.375% $0.4609375

Monetary data, together with materials bulletins about The Allstate Company, is routinely posted on www.allstateinvestors.com.

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