Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|Allstate Now #168 Largest Company, Surpassing TE Connectivity
Tuesday, May 5, 4:39 PM ET, by Market News Video Staff
In the latest look at the underlying components of the S&P 500 ordered by largest ...
Allstate is Oversold
Wednesday, May 6, 11:38 AM ET, by Market News Video Staff
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...
Allstate's Preferred Stock, Series F Shares Cross 6% Yield Mark
Wednesday, May 6, 2:15 PM ET, by Market News Video Staff
In trading on Wednesday, shares of Allstate Corp.'s Fixed Rate Noncumulative Perpetual Preferred Stock, Series ...
The New #198 Most Shorted S&P 500 Component: Fiserv
Thursday, May 14, 9:26 AM ET, by Market News Video Staff
The most recent short interest data has been released by the NASDAQ for the 04/30/2015 ...
Ex-Dividend Reminder: Allstate, Goldman Sachs Group and Cullen/Frost Bankers
Tuesday, May 26, 10:18 AM ET, by Market News Video Staff
On 5/27/15, Allstate Corp. (ALL), Goldman Sachs Group Incorporated (GS), and Cullen/Frost Bankers, Inc.. ...
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)
Free Trial: ''ETF CHANNEL FLEXIBLE GROWTH INVESTMENT PORTFOLIO''
The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors —
anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset
allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors,
commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow
the performance trail wherever it leads us.
This Article's Word Cloud: