Wednesday Is Your Last Chance To Buy Allstate Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Wednesday is the last day for investors to buy Allstate (NYSE:ALL) shares to be eligible for the next dividend payout of 89 cents per share. The stock will go ex-dividend on Thursday, and the dividend will be paid out on July 3, 2023.
May 29, 2023 | 2:46 pm
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Allstate's stock will likely open 89 cents lower on Thursday due to the ex-dividend date. Investors must own shares by end of Wednesday to be eligible for the 89 cents dividend payout.
Allstate's stock will likely open lower on Thursday as it goes ex-dividend, reflecting the 89 cents dividend payout. This may cause a short-term negative impact on the stock price. Investors who own shares by the end of Wednesday will be eligible for the dividend, making it important for those seeking dividend income.
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