Northbrook, Illinois, February 26, 2025 – Allstate Corporation (NYSE: ALL) announced that its board of directors approved a quarterly common stock dividend of $1.00 on February 26, 2025, an increase of $0.08 per share, or 8.7% per share from the previous quarter. Allstate also announced the payment of quarterly preferred dividends.
In addition, the board authorized a $1.5 billion stock buyback program. The authorization will take effect before September 30, 2026.
“Today’s announcement reflects Allstate’s strong financial position and continues to be confident in our strategy,” said Jess Merten, Chief Financial Officer of Allstate. “The dividend increase combined with the new $1.5 billion stock buyback program is a testament to our commitment to bringing value to shareholders.”
Common stock dividends
Allstate announced that the quarterly dividend for each outstanding share of the company’s common stock is paid in cash on April 1, 2025, which is paid in cash at the close of March 10, 2025.
Preferred stock dividend
Allstate also announced that the total dividends for the three series of preferred stocks will be approximately $29.3 million during the dividend period from January 15, 2025 to April 14, 2025. All preferred dividends are available for cash on April 15, 2025 and for stock shareholders on March 31, 2025.
| series | The year’s Dividend rate | Quarterly amount Number of people saved |
| Series h | 5.100% | $0.3187500 |
| Series 1 | 4.750% | $0.2968750 |
| Series j | 7.375% | $0.4609375 |
Financial information, including material announcements about Allstate Corporation, is usually published www.allstateinvestors.com.
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