2. Since 2012, Allstate (ALL) has paid dividends every year at the following amount: 2012 2013 2014...
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Question:
2. Since 2012, Allstate (ALL) has paid dividends every year at the following amount:
2012 2013 2014 2015 2016
$0.88 $1.00 $1.12 $1.20 $1.32
You had purchase Allstate stock because you just started your home and auto insurance with Allstate and thought you would invest in their stock. You purchased 250 shares ALL in early 2012 for $27.74/share. Allstate closed on Friday, April 7, 2017 at $81.11/ share.
What has been your annualized growth from your investment in Allstate?
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Authors: Alfred A. Marcus, Timothy J. Hargrave
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