Seeking Alpha

Allstate boosts dividend; launches new buyback

  • The new quarterly dividend of $0.28 per share is a 12% boost to the previous level and puts a 2.16% yield on the stock.
  • The buyback is authorized at $2.5B worth of shares to be completed over the next 18 months.
  • Press release
  • ALL +0.7% premarket
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