Allstate (ALL) Declares $0.30 Quarterly Dividend; 1.9% Yield
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November 19, 2015 12:18 PM EST
NORTHBROOK, Ill., Nov. 19, 2015 /PRNewswire/ --Â The Allstate Corporation (NYSE: ALL) approved a common share dividend today, continuing its practice of providing attractive cash returns to shareholders. "With these dividends, we continue to fulfill our commitment to provide good returns to shareholders while maintaining a strong capital position to provide strategic flexibility," said Steven Shebik, chief financial officer.... More
November 19, 2015 8:17 AM EST
NORTHBROOK, Ill., Nov. 19, 2015 /PRNewswire/ -- The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of October 2015 of $172 million, pre-tax ($112 million after-tax). Catastrophe losses occurring in October comprised seven events at an estimated cost of $142 million, pre-tax, plus increased reserve reestimates of prior reported catastrophe losses. The reserve reestimates are primarily due to higher than anticipated reported claims and severity related to multiple severe weather events occurring earlier in... More
