Allstate (ALL) Rewards Shareholders With a 3.4% Dividend Hike

The Allstate Corporation (ALL) announced that its board of directors increased its cash dividend to 92 cents per share from 89 cents, reflecting a 3.4% jump from the prior payout. The dividend will be paid out on Apr 1, to shareholders on record as of Mar 4.For more than a decade, it has consistently increased dividends on an annual basis. The latest dividend amount translates to $3.68 per share on an annualized basis. Considering the Feb 23 closing price of $159.13 per share, Allstate’s dividend yield curr ...