Allstate Returns Cash to Shareholders through Dividends

NORTHBROOK, Ill.–(BUSINESS WIRE)–The Allstate Corporation (NYSE: ALL) announced today that its board of
directors has approved common and preferred quarterly dividends.

“We continue to provide strong cash returns to Allstate shareholders,”
said Mario Rizzo, Allstate’s Chief Financial Officer. “The common
dividend reflects the increase of 8.7 percent per common share announced
in February, demonstrating both our financial strength and continued
commitment to being good stewards of our shareholders’ capital.”

Common Stock Dividends

Allstate declared a quarterly dividend of 50 cents on each outstanding
share of the corporation’s common stock, payable in cash on July 1,
2019, to stockholders of record at the close of business on May 31, 2019.

Preferred Stock Dividends

Allstate also declared approximately $30.7 million in aggregate
dividends on five series of preferred stock for the dividend period from
April 15, 2019, through July 14, 2019. All the preferred dividends are
payable in cash on July 15, 2019, to stockholders of record at the close
of business on June 28, 2019, as follows:

Financial information, including material announcements about The
Allstate Corporation, is routinely posted on www.allstateinvestors.com.

Contacts

Greg Burns
(847) 402-5600