Allstate Corp Earns Recognition as a Leading Socially Responsible Dividend Stock
Allstate Corp (Symbol: ALL) has been recognized as a Top Socially Responsible Dividend Stock by Dividend Channel. This designation highlights its above-average ”DividendRank” metrics, including a solid 2.0% yield. The company is also noted as a socially responsible investment due to evaluations based on social and environmental criteria.
The environmental assessment considers factors such as the ecological impact of Allstate’s products and services and its efficiency in resource use. On the social front, criteria include corporate diversity, adherence to human rights, and the company’s overall societal impact—evaluating its links to sectors like weapons, gambling, tobacco, and alcohol.
Per information from the ETF Finder at ETF Channel, Allstate Corp is part of the iShares USA ESG Select ETF (SUSA), representing 33.91% of the ETF’s holdings. This fund contains $1,598,655,659 in Allstate shares.
The annualized dividend for Allstate is $3.68 per share, distributed on a quarterly basis. The latest dividend ex-date was on 08/30/2024. A long-term dividend history chart for ALL, highlighted in the DividendRank report, can be useful for evaluating the sustainability of recent dividends.
Allstate operates in the Insurance Brokers sector alongside other companies like Progressive Corp. (PGR) and Chubb Ltd (CB).
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Also see:
- Institutional Holders of BMTX
- PYPD shares outstanding history
- ALCE market cap history
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
