Preferred Stock
| Series | Ticker | Description | When Issued | $ Issued | Callable | Dividend Rate | Record Date | Payment Dates |
|---|---|---|---|---|---|---|---|---|
| Series H | ALL H | Perpetual Fixed Rate, Noncumulative | August 2019 | $1,150,000,000 | No | 5.10% | Last day of the month preceding payment date | 1/15, 4/15, 7/15, 10/15 |
| Series I | ALL I | Perpetual Fixed Rate, Noncumulative | November 2019 | $300,000,000 | No | 4.75% | Last day of the month preceding payment date | 1/15, 4/15, 7/15, 10/15 |
| Series J | ALL J | Perpetual Fixed Rate, Noncumulative | May 2023 | $600,000,000 | No | 7.375% | Last day of the month preceding payment date | 1/15, 4/15, 7/15, 10/15 |
Preferred stock has preference over The Allstate Corporation’s common stock for the payment of dividends. Any dividends declared on the preferred stock will be payable quarterly in arrears. At the firm’s option, each series of preferred stock is redeemable at a “make-whole price” before the five-year anniversary of the issuance date, if within 90 days after the occurrence of a "rating agency event." Each series of preferred stock is callable at par after this five-year mark.
