Allstate Corp 6.625% Non Cumulative Perpetual Preferred (LEOPARDS*)
By: Tim McPartland,
S&P Rating BBB- Moodys Rating Baa3
Security Ticker Symbol ALL-D
Market Traded ON NYSE
Dividend Payment Paid on the 15th of January, April, July and October beginning on 04/15/2014
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Quarterly Dividend .414 Annual Dividend 1.656
Securities may be redeemed, at the issuers option, as early as 4/15/2019 for a redemption price of $25/share plus accrued dividends. There is a ‘make whole’ payment of 45 basis points for redemptions before 4/15/2019
Dividend Payment Will Likely be a Qualified Distribution
Maturity Date None
Company Investor Relations Page for Allstate Corp
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Below you can find the offering Prospectus and Final Pricing Document
LEOPARDS is a registered trademark of Incapital. Read more on LEOPARDS here.
Tim McPartland
Connect with Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
