The Allstate Corporation Price & Performance (ALL)

Allstate has announced an 8.7% increase in its quarterly common stock dividend, raising it to $1.00 per share. The insurer also authorized a $1.5 billion stock repurchase program, signaling confidence in its financial stability and strategy. Preferred stock dividends totaling $29.3 million were also declared, payable in April.12

Ace Electric, Inc. has begun construction on a 30,000-square-foot headquarters in Valdosta, Georgia. The new facility will consolidate multiple departments under one roof, addressing the company’s growth needs. Ace Electric, a family-owned business, celebrates its 50th anniversary while expanding its operations to meet increased project demand.34

Allstate’s stock has reached a historic high of $209.99, reflecting investor confidence in its growth strategy. The company has demonstrated resilience with a 30.49% one-year return and continued dividend payouts. Analysts highlight Allstate’s robust fundamentals and undervaluation, suggesting further potential for shareholder gains.56