NORTHBROOK, Ill., Nov. 19, 2013 /PRNewswire/ -- The Allstate Corporation (NYSE: ALL) today announced a quarterly dividend of 25 cents on each outstanding share of the corporation's common stock, payable in cash on January 2, 2014, to stockholders of record at the close of business on November 29, 2013.
"Allstate continues to provide shareholders with attractive cash returns through quarterly dividends and a share repurchase program which has reduced outstanding shares by 7.0% this year through November 15," said Thomas J. Wilson, chairman, president and chief executive officer of The Allstate Corporation.
Series A Preferred Stock DividendThe Allstate Corporation declared a dividend at an annual rate equal to 5.625% on the corporation's series A preferred stock for the dividend period from October 15, 2013 through January 14, 2014. Accordingly, holders will receive $0.3515625 per depositary share. This series A preferred stock dividend will be payable in cash on January 15, 2014, to stockholders of record at the close of business on December 31, 2013.Series C Preferred Stock DividendThe Allstate Corporation declared a dividend at an annual rate equal to 6.75% on the corporation's series C preferred stock for the dividend period from September 30, 2013 through January 14, 2014. Accordingly, holders will receive $0.4921875 per depositary share. This series C preferred stock dividend will be payable in cash on January 15, 2014, to stockholders of record at the close of business on December 31, 2013. The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer, serving approximately 16 million households through its Allstate, Encompass, Esurance and Answer Financial brand names and Allstate Financial business segment. Allstate branded insurance products (auto, home, life and retirement) and services are offered through Allstate agencies, independent agencies, and Allstate exclusive financial representatives, as well as via www.allstate.com, www.allstate.com/financial and 1-800 Allstate ®, and are widely known through the slogan "You're In Good Hands With Allstate ®." SOURCE The Allstate Corporation
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