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|Allstate's Preferred Stock, Series C Shares Cross 6% Yield Mark
Monday, June 27, 2:51 PM ET, by Market News Video Staff
In trading on Monday, shares of Allstate Corp.'s Noncumulative Perpetual Preferred Stock, Series C (ALL.PRC) ...
Allstate Stock Sees Short Interest Increase 109.8%
Monday, June 27, 6:40 PM ET, by Market News Video Staff
The most recent short interest data has been released for the 06/15/2016 settlement date, which ...
See How Allstate Ranks Among Analysts' Top Picks With Strong Buyback Activity
Thursday, July 7, 2:19 PM ET, by Market News Video Staff
A study of analyst recommendations at the major brokerages shows that Allstate Corp. (ALL) is ...
EOG Resources Becomes #196 Most Shorted S&P 500 Component, Replacing Allstate
Wednesday, July 13, 3:54 PM ET, by Market News Video Staff
The most recent short interest data has been released for the 06/30/2016 settlement date, and ...
Allstate Becomes #231 Most Shorted S&P 500 Component, Replacing Cabot Oil & Gas
Wednesday, August 10, 2:59 PM ET, by Market News Video Staff
The most recent short interest data has been released for the 07/29/2016 settlement date, and ...
Top Buys by Directors: Redmond's $126.4K Bet on ALL
By Dividend Channel Staff, Friday, March 2, 12:59 PM ET
The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by company directors over the trailing six month period, one of which was a total of $126.4K by Andrea Redmond, Director at Allstate Corp. (NYSE:ALL).
Redmond bets big on ALL:
Redmond's average cost works out to $31.61/share. In trading on Friday, bargain hunters could buy shares of Allstate Corp. (NYSE:ALL) and achieve a cost basis lower than Redmond, with shares changing hands as low as $31.06 per share. It should be noted that Redmond has collected $0.22/share in dividends since the time of their purchase, so they are currently down 1.0% on their purchase from a total return basis. Shares of Allstate Corp. were changing hands at $31.19 at last check, trading down about 0.3% on Friday. The chart below shows the one year performance of ALL shares, versus its 200 day moving average:
Looking at the chart above, ALL's low point in its 52 week range is $22.27 per share, with $34.40 as the 52 week high point — that compares with a last trade of $31.19.
The current annualized dividend paid by Allstate Corp. is $0.88/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 03/01/2012. Below is a long-term dividend history chart for ALL, which can be of good help in judging whether the most recent dividend with approx. 2.8% annualized yield is likely to continue.
ALL makes up 5.33% of the Dynamic Insurance Portfolio ETF (PIC)
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