Bookmark and Share

Insurer Allstate Increases Dividend By 8.7%

The American insurance group Allstate Corp. (NYSE: ALL) is distributing a $ 0.50 quarterly dividend to its shareholders. This is an increase of 8.7 percent compared to the previous quarter. Extrapolated to the year, the group pays $ 2.00. At the current price level of $ 92.46 (as of February 8, 2019), this corresponds to a current dividend yield of 2.16 percent.

Shareholders will receive the next payout on April 1, 2019 (record date: February 28, 2019). Allstate has paid a dividend to shareholders since 1993 ($ 0.09 quarterly). The company, based in Northbrook, Ill., Was founded in 1931. The company is the second largest insurance group for private consumers in the US and is known for the slogan: "You're in good hands".

In the fourth quarter of the fiscal year 2018, Allstate generated sales of $ 9.48 billion (previous year: $ 10.06 billion). Adjusted net income was $ 430 million, compared to $ 762 million a year ago. The company is the second largest insurance group for private consumers in the US. The IPO took place on 11 June 1993.

The stock is listed on Wall Street and has been there since the beginning of the year with 11.90 percent in the plus. The market capitalization currently amounts to 31.8 billion US dollars (as of 8 February 2019).

------------------------------ Creating such high-quality content is hard work and takes a lot of time. You might have noticed that we don't display ads or get paid for our posts. We deliver this information to you for free and acting independent.

To keep this blog running free without ads, we need your help. For a small donation by using this link or clicking the paypal donation button below, you can help us to keep this blog alive. It would be great if you support us on a monthly basis.

Get all Dividend Kings, Aristocrats, Champions, Contenders, Challengers every month as donation gift!

As gift for your support, we send you our full Dividend Growth Stock Factbook Collection with over 800+ long-term dividend growth stocks in PDF and Excel. You can also join our distribution list to receive these tools every month

Here is an example of our open Excel Database for your own research:

You get every month a list of Dividend Kings, Next50 Kings, Dividend Aristocrats, Champions, Contenders, Challengers.

If you like this Database for stocks from a special industry, you can get it now. Choose your favorite industry below, donate and we send you the fresh updated Excel to your donation e-mail. As bonus, you can also join our monthly Dividend Yield Factbook Collection distribution list for free!

Get our Database now for a small donation. This helps us to keep this blog working. Thank you so much for supporting us!

If you donate now, you will also get a fresh updated copy of our dividend growth database. The Excel File contains all dividend growth stocks and major buyback stock announcements since 2004!

Here is a preview:

Finally, you will get every month a fresh update of our Foreign Yield Factbook. The PDF sorts dividend stocks from the most important economies in the world by yield. - Over 60 Pages!

Here is the preview:

If you are interested in stocks from a special country, no problem! Choose your country here. We send you the Excel list via e-mail. Here is an example for Canada:

Choose your country here: 

Support us now with a small donation and get all of these PDF's and Excel Files every month! 

Thank you!

No comments:

Post a Comment

Do you have any questions or notes to this article?
Please let me know your thoughts and we will discuss it.