The Allstate Corporation announced it will pay approximately $29.3 million in dividends on three series of preferred stock for the period from July 15, 2026, to October 14, 2026. These dividends, payable in cash on October 15, 2026, will go to shareholders recorded by September 30, 2026. The dividend rates vary by series, ranging from 4.75% to 7.375% annually. This payment reflects Allstate's ongoing commitment to returning value to its preferred shareholders.
While Allstate announces preferred dividends payable in October 2026, its common stock on Pluang trades at USD 258.13 as of Sep 16, 2026 04:11 WIB, up 1.74% for the day. This price is closer to its 52-week high of USD 275.11 than the low of USD 190.00, showing relative strength. Despite the dividend yield of 1.67%, the preferred dividends offer higher fixed rates ranging from 4.75% to 7.375%.
Three insurance companies—MetLife, Allstate, and Travelers—are benefiting from elevated interest rates that increase profits through their investment float, the pool of premiums collected before claims are paid out. MetLife offers strong dividend gro...
Allstate reported robust Q2 earnings driven by $1.5 billion in reserve releases and a quiet catastrophe environment, which supported healthy underwriting margins. Investment income rose 34% thanks to higher interest rates and increased equity allocat...
