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|Ex-Dividend Reminder: Brookfield Asset Management, American Capital Agency and Allstate
Thursday, August 25, 10:03 AM ET, by Market News Video Staff
On 8/29/16, Brookfield Asset Management Inc (BAM), American Capital Agency Corp (AGNC), and Allstate Corp. ...
ALL January 2019 Options Begin Trading
Monday, September 12, 11:10 AM ET, by Market News Video Staff
Investors in Allstate Corp. (ALL) saw new options begin trading today, for the January 2019 ...
Allstate's Preferred Stock, Series E Crosses Above 6% Yield Territory
Tuesday, September 13, 2:53 PM ET, by Market News Video Staff
In trading on Tuesday, shares of Allstate Corp.'s Fixed Rate Noncumulative Perpetual Preferred Stock, Series ...
Allstate's Preferred Stock Crosses Above 6% Yield Territory
Friday, September 16, 2:18 PM ET, by Market News Video Staff
In trading on Friday, shares of Allstate Corp.'s Fixed Rate Noncumulative Perpetual Preferred Stock (ALL.PRD) ...
General Growth Properties Takes Over #186 Spot From Allstate
Monday, September 19, 4:42 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)
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