Allstate's Preferred Stock, Series I Shares Cross 6.5% Yield Mark
March 23, 2020 at 14:05 PM EDT
In trading on Monday, shares of Allstate Corp's 4.750% Noncumulative Perpetual Preferred Stock, Series I (ALL. RI) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.1875), with shares changing hands as low as $17.31 on the day.