NEW YORK (
) -- The ex-dividend date for
) is Monday, August 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $24.25 as of 9:30 a.m. ET, the dividend yield is 3.3%.
The average volume for The Allstate has been 5.1 million shares per day over the past 30 days. The Allstate has a market cap of $13 billion and is part of the
industry. Shares are down 23.4% year to date as of the close of trading on Thursday.
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 24.5, below the average insurance industry P/E ratio of 24.9 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates The 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 and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full