Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|Allstate (ALL) Shares Cross 2% Yield Mark
Thursday, April 21, 3:26 PM ET, by Market News Video Staff
In trading on Thursday, shares of Allstate Corp. (ALL) were yielding above the 2% mark ...
Ex-Dividend Reminder: Principal Financial Group, Blackrock and Allstate
Tuesday, May 31, 10:06 AM ET, by Market News Video Staff
On 6/2/16, Principal Financial Group, Inc. (PFG), Blackrock Incorporated (BLK), and Allstate Corp.. ...
Agree To Buy Allstate Corp. At $52.50, Earn 4.1% Using Options
Wednesday, June 1, 12:47 PM ET, by Market News Video Staff
Investors eyeing a purchase of Allstate Corp. (ALL) shares, but cautious about paying the going ...
Allstate's Preferred Stock, Series F Shares Cross 5.5% Yield Mark
Monday, June 6, 2:30 PM ET, by Market News Video Staff
In trading on Monday, shares of Allstate Corp.'s Fixed Rate Noncumulative Perpetual Preferred Stock, Series ...
Archer Daniels Midland Now #185 Largest Company, Surpassing Allstate
Wednesday, June 15, 4:36 PM ET, by Market News Video Staff
In the latest look at the underlying components of the S&P 500 ordered by largest ...
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: