On February 17, 2023, The Allstate Corporation (ALL) announced that it will hike its quarterly dividend by 4.9% to $0.85 per share. This marks 13 consecutive years of dividend growth for the insurer. The next ex-dividend date is February 25, 2022.
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.