Allstate Corporation (ALL) will raise its quarterly dividend by 7.1 percent to $0.30 per share in the first quarter of 2015. Last year the insurer hiked its dividend by twelve percent.
The Allstate Corporation is primarily engaged in the property and casualty insurance business and the sale of life and accident and health insurance products in the United States and Canada. The company is the largest publicly held personal lines insurer in the United States and the 2nd largest personal property and casualty insurer. Allstate became a publicly traded company in 1993 and has paid a dividend every year since its IPO.
2023