openPR Logo
Press release

Allstate Corporation Announces Quarterly Dividend

The Allstate Corporation (NYSE: ALL) announced a quarterly dividend of 20 cents on each outstanding share of the Corporation's common stock, payable in cash on April 1, 2010 to stockholders of record at the close of business on March 12, 2010.

Recently Allstate announced their fourth quarter net income for 2009 at $518 million, or about 96 cents a share. That is a big improvement from the fourth quarter of 2008 where Allstate had a net loss of $1.13 billion, which equated to a loss of $2.10 a share.

Operating earnings were $592 million, or $1.09 a share. Operating earnings exclude net realized investment gains and losses and Allstate was expected to make $1.01 a share.

The combined ratio, which measures claims and expenses as a percentage of premiums, was 88.1 in the fourth quarter of 2009. This ratio is a closely watched measure of an insurer’s underwriting performance. Allstate announced than in 2010 this ratio will likely be between 88 and 90.

Allstate-brand standard auto insurance premiums written climbed less than 1% in the fourth quarter or 2009. Average auto insurance premiums rose 2.6% while the number of policies declined 1%. Net investment income during Q4 2009 was $1.1 billion, $253 millions less than in the fourth quarter of 2008.

The strong rebound in equities and corporate bonds relieved a lot of the pressure on Allstate that existed as a result of investment losses during the 2008 financial crisis. There will still be challenges for Allstate in 2010, including a still sluggish economy and lower investment income. Ultimately shares of Allstate climbed 0.7% in after hours trading following this announcement, rising to $28.80.

For more investor relations information from Allstate Insurance Company go to For more press releases from Allstate go to

The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer. Widely known through the "You're In Good Hands With Allstate®" slogan, Allstate is reinventing protection and retirement to help more than 17 million households insure what they have today and better prepare for tomorrow. Consumers access Allstate insurance products and services through Allstate agencies, independent agencies, and Allstate exclusive financial representatives in the U.S. and Canada, as well as via and 1-800 Allstate®.

Owen Do
Advocate for Allstate
19 S Lasalle St
Chicago, IL 60602


This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Allstate Corporation Announces Quarterly Dividend here

News-ID: 122035 • Views:

More Releases for Corporation

Endotherapy Devices Market Key Players: Hoya Corporation, Olympus Corporation, S …
A fresh report titled “Endotherapy Devices Market” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Endotherapy Devices Market. The competition analysis is also a major part of the report. The global endotherapy devices market is projected to reach
Digital Living Room Market 2017-2025 | Samsung Corporation, Sharp Corporation, B …
Global Digital Living Room Market: Snapshot The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary
Smart Camera Market || Key Players - Samsung Electronics Co., Canon Inc., Nikon …
Looking at the current market trends as well as the promising demand status of the Smart Camera Market, it can be projected that the future years will bring out positive outcomes. This research report added by MRRSE on its online portal delivers clear insight about the changing tendencies across the global Smart Camera Market. Readers can gather prime facets connected to the target market which includes product, end-use and application;
Global Healthcare Clinical Analytics Market to 2022| IBM Corporation, Cerner Cor …
Albany, NY, 3rd December : Recent research and the current scenario as well as future market potential of "Global Market Study on Healthcare Clinical Analytics: North America to be the Most Lucrative Market During the Assessment Period (2017 - 2022)" globally. Introduction Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Healthcare Clinical Analytics Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’. Get PDF for more Professional and Technical insights
Endotherapy Devices Market Key Players : Hoya Corporation, Olympus Corporation, …
Endoscopy Devices Market is performed to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal growths in the colon and other abdominal & gastrointestinal (GI) conditions. The minimally invasiveness of this procedure with fewer post operation complications makes it one of the most preferred and sought-after procedures in diagnostics and surgeries. The global endotherapy devices market is projected reach $5,015 million by 2024 from $3,369.0 million in 2017, growing at
Endoscopy Devices Market Share with Olympus Corporation, HOYA Corporation, Fujif …
Endoscopy Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $40,854 million by 2022 from $27,273 million in 2015, registering a CAGR of 5.7% during the period 2016 to 2022. The flexible endoscopes are expected to dominate the global endoscopy devices market. North America is projected to continue its lead, accounting for more than one-third share of the global endoscopy devices market