Business Wire | Nov 18, 2020 04:09PM EST

Allstate Returns Cash to Shareholders through Dividends

Nov. 18, 2020

NORTHBROOK, Ill.--(BUSINESS WIRE)--Nov. 18, 2020--The Allstate Corporation (NYSE: ALL) announced today that its board of directors has approved common and preferred quarterly dividends.

"Allstate's continued financial strength and strong income generation support our ongoing commitment of returning cash to our shareholders," said Mario Rizzo, Allstate's Chief Financial Officer.

Common Stock Dividends

Allstate declared a quarterly dividend of 54 cents on each outstanding share of the corporation's common stock, payable in cash on Jan. 4, 2021, to stockholders of record at the close of business on Nov. 30, 2020.

Preferred Stock Dividends

Allstate also declared approximately $26.3 million in aggregate dividends on three series of preferred stock for the dividend period from Oct. 15, 2020, through Jan. 14, 2021. All the preferred dividends are payable in cash on Jan. 15, 2021, to stockholders of record at the close of business on Dec. 31, 2020, as follows:

Annual Quarterly Amount Dividend Rate Per Depositary ShareSeries

Series G 5.625% $0.3515625

Series H 5.100% $0.3187500

Series I 4.750% $0.2968750

Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com.

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