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The Allstate Corporation Message Board

  • gxstockholders gxstockholders Feb 3, 2012 7:00 PM Flag

    Dividend/Credit/Stock Price

    Credit should not be an issue going forward at this time. However having borrowed recently and using part of the borrowed funds to pay the last dividend, raising the dividend at this time may not be in the picture.

    It would seem unlikely that the dividend is anything but safe and it would ordinarily seem to be in order to raise it here prompting additional strength in the share price.

    I am not counting on anything at all though. Nothing except taking profits on the p.p.s. in time.

    *Continuing to slowly sell for this seasons profits carried from as far down as the $22's, before the spring sell-off.

68.276-0.084(-0.12%)3:16 PMEDT