The Allstate Corporation announced the declaration of approximately $29.3 million in aggregate dividends across three series of preferred stock, with distributions scheduled for April 15, 2026. The dividend payment covers the quarterly period from January 15, 2026, through April 14, 2026, and reflects the company's ongoing capital management strategy for preferred shareholders.
The dividend declaration encompasses three preferred stock series, each carrying distinct dividend rates. Series H preferred stock carries an annual dividend rate of 5.100%, while Series I preferred stock yields 4.750% annually. Series J preferred stock offers the highest rate among the three series at 7.375% per annum, reflecting the different terms and risk profiles associated with each preferred issuance.
The April 2026 payment represents the company's continued commitment to returning capital to preferred shareholders on its established schedule. Allstate regularly declares quarterly preferred dividends as part of its capital allocation framework, with payment amounts determined by the outstanding shares and applicable dividend rates for each series.