Allstate's Preferred Stock, Series E Crosses Above 6.5% Yield Territory
March 28, 2019 at 16:08 PM EDT
In trading on Thursday, shares of Allstate Corp's Fixed Rate Noncumulative Perpetual Preferred Stock, Series E (ALL. RE) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.6562), with shares changing hands as low as $25.24 on the day.