By: Benzinga
UPDATE: Allstate Posts 45% Drop In Q4 Profit, Raises Dividend
Allstate (NYSE: ALL ) reported a 45% drop in its fourth-quarter profit and lifted its quarterly dividend to $0.25 per share from $0.22 per share. Allstate's quarterly net income declined to $394 million, or $0.81 per share, from $712 million, or $1.40 per share, in the year-ago period. On an
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