Allstate's Preferred Stock, Series E Crosses Above 6% Yield Territory
September 13, 2016 at 14:53 PM EDT
In trading on Tuesday, shares of Allstate Corp.'s Fixed Rate Noncumulative Perpetual Preferred Stock, Series E (ALL. RE) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.6562), with shares changing hands as low as $27.58 on the day.