Thursday Is Your Last Chance To Buy Allstate Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Allstate (NYSE:ALL) announced a quarterly dividend of 92 cents per share, with the ex-dividend date set for Friday. Shareholders owning ALL by the end of Thursday are eligible for the payout, which will be distributed on April 01, 2024. The stock is expected to open 92 cents lower on the ex-dividend date.
February 27, 2024 | 2:45 pm
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Allstate announces a quarterly dividend of 92 cents per share, affecting stock price on the ex-dividend date.
The announcement of a 92 cents per share dividend by Allstate (ALL) is significant for investors, as the stock is expected to open lower by the same amount on the ex-dividend date. This is a common occurrence as the stock price adjusts to reflect the dividend payout. Investors interested in the dividend need to purchase the stock before the ex-dividend date, impacting its short-term price movement.
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