Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK (

TheStreet

) -- The ex-dividend date for

Allstate

(NYSE:

ALL

) is tomorrow, August 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $37.56 as of 9:30 a.m. ET, the dividend yield is 2.3%.

The average volume for Allstate has been 4.3 million shares per day over the past 30 days. Allstate has a market cap of $18.31 billion and is part of the

financial

sector and

insurance

industry. Shares are up 37.3% year to date as of the close of trading on Monday.

The Allstate Corporation, through its subsidiaries, engages in the personal property and casualty insurance, life insurance, and retirement and investment products business primarily in the United States. The company has a P/E ratio of 9.2, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Allstate as a

buy

. 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, solid stock price performance, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

Allstate Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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