The Allstate Corporation has recently announced an increase in its quarterly dividends, as reported on February 23, 2024. The board of directors approved a quarterly dividend of $0.92 per share on February 22, 2024, marking a $0.03 increase, or 3.4%, compared to the previous quarter.

"Allstate’s increase in common dividend per share reflects our ongoing commitment to reward our shareholders, and shows Allstate’s continued financial strength," stated Jess Merten, Allstate’s Chief Financial Officer.

The company declared a quarterly dividend of $0.92 on each outstanding share of common stock, to be paid in cash on April 1, 2024, to stockholders of record as of March 4, 2024.

In addition to the common stock dividends, Allstate also announced dividends for its preferred stock. Approximately $29.3 million in aggregate dividends were declared on three series of preferred stock for the dividend period between January 15, 2024, and April 14, 2024. These preferred dividends will be paid in cash on April 15, 2024, to stockholders of record as of March 28, 2024.

Financial information and material announcements about The Allstate Corporation can be found on their website at www.allstateinvestors.com.