low multiple of earnings for such a good company ....and interest rates are declining again. Upside/downside is like 7:1 ....notwithstanding some special event.
interest rates maybe temporarily dropping but the trend for the forseeable future is up. And there is no downside valuation that the market cant drive a company too.
I do agree that the risk reward right now is real good. I bought 40,000 dollars worth yesterday
It is very obvious that your problem is your view of this company as a "good company".
This company has been anything but "good" for several years, now. They survive by cheating agents or claimants, doesn't matter to them, which.
Have you always lived your sheltered life in darkness? Wise up before loosing your All ass.
Hold on for a few more days.
The Allstate Corporation Announces Quarterly Dividend
NORTHBROOK, Ill.--(BUSINESS WIRE)--May 18, 2004--The Allstate Corporation(NYSE:ALL) today announced a quarterly dividend of twenty-eight cents ($0.28) on each outstanding share of the corporation's common stock payable in cash on July 1, 2004 to stockholders of record at the close of business on May 28, 2004.