NEW YORK (
) -- The ex-dividend date for
) is tomorrow, March 1, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $31.48 as of 9:30 a.m. ET, the dividend yield is 2.8%.
The average volume for Allstate has been 4.6 million shares per day over the past 30 days. Allstate has a market cap of $14.84 billion and is part of the
industry. Shares are up 15% year to date as of the close of trading on Tuesday.
The Allstate Corporation, through its subsidiaries, engages in the personal property and casualty insurance, life insurance, retirement, and investment products businesses primarily in the United States. The company has a P/E ratio of 20.8, below the average insurance industry P/E ratio of 45.2 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Allstate as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full