Allstate shareholders are set to receive another round of dividend payments in July after the insurer’s board approved payouts for both common and preferred stock.
The insurer said its board approved a quarterly common stock dividend of $1.08 per share on May 22, 2026. The dividend will be paid in cash on July 1, 2026, to shareholders recorded at the close of business on June 1, 2026.
Allstate also announced about $29.3 million in preferred stock dividends. These cover the period from April 15, 2026, to July 14, 2026.
The preferred dividends will be paid in cash on July 15, 2026, to shareholders recorded at the close of business on June 30, 2026.
The dividend announcement comes as Allstate reports stronger financial results in 2026 after a period of large catastrophe losses across the insurance industry. In the first quarter, the company reported net income of $2.4 billion, up from $566 million a year earlier, while property-liability underwriting income rose to $2.7 billion from $360 million.
Allstate said catastrophe losses fell 43.7% year over year to about $1.24 billion during the quarter. The decline followed elevated losses in 2025, when insurers faced costly weather events and California wildfire claims.
