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Allstate's Preferred Stock, Series I Yield Pushes Past 7%
Source: Nasdaq
Capital Returns (Dividends / Buybacks)Credit & Bond Markets
Allstate's Series I perpetual preferred shares traded as low as $16.76 on Thursday, putting their indicated yield above 7% based on the quarterly dividend annualized to $1.1875. The brief report provides no broader company update or stated market reaction.
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