Today, is the 5th of January, and we still haven't received our ALLSTATE dividends in the mail. Have they changed the mailing date for dividends? We usually have gotten it around the 4th at the latest. Speaking of dividends, if they reinstated the 50% reduction they made a couple of years ago in the dividend the price of the stock would be a lot higher driven by vlaue investors. Buying back a billion in stock isn't going to do much in my opinion to get prices up.
Employee Dividend Re-investment payments were on 11/26/10
Looking for publicly anticipated poor Q4 earnings for all prop & cas. insurers to precipitate a price drop if ALL suspends burning cash on any buy back plan for purpose of propping up falling stock price. Will accumulate at a discount and slowly sell on way back up after ex-date and before end of Q2/11. Present Dividend yield at $22.33 Avg. is 3.58%.