Allstate Returns Value to Shareholders Through Dividends

NORTHBROOK, Ill., May 19, 2015 /PRNewswire/ -- The Allstate Corporation (NYSE: ALL) announced dividends today, continuing its practice of providing attractive cash returns to shareholders.

"Allstate's broad-based business model enables us to both provide excellent current returns to shareholders and invest in long-term growth initiatives," said Steven Shebik, Allstate's chief financial officer. "We are committed to proactive management of our shareholders' capital."

Common Stock Dividends

The Allstate Corporation declared a quarterly dividend of 30 cents on each outstanding share of the corporation's common stock, payable in cash on July 1, 2015, to stockholders of record at the close of business on May 29, 2015.

Preferred Stock Dividends

The Allstate Corporation also declared approximately $29.1 million in aggregate dividends on five series of preferred stock for the dividend period from April 15, 2015 through July 14, 2015. All of the preferred dividends are payable in cash on July 15, 2015 to stockholders of record at the close of business on June 30, 2015, as follows:

The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer, protecting approximately 16 million households from life's uncertainties through auto, home, life and other insurance offered through its Allstate, Esurance, Encompass and Answer Financial brand names. Allstate is widely known through the slogan "You're In Good Hands With Allstate®." The Allstate brand's network of small businesses offers auto, home, life and retirement products and services to customers in the United States and Canada.

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

Logo - http://photos.prnewswire.com/prnh/20130404/MM88193-b

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/allstate-returns-value-to-shareholders-through-dividends-300085682.html

SOURCE The Allstate Corporation