Ally Financial Inc., a digital financial-services company, provides various digital financial products and services to consumer, commercial, and corporate customers primarily in the United States and Canada. It operates through four segments: Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations. The Automotive Finance Operations segment offers automotive financing services, including providing retail installment sales contracts, loans and operating leases, term loans to dealers, financing dealer floorplans and other lines of credit to dealers, warehouse lines to automotive retailers, and fleet financing. It also provides financing services to companies and municipalities for the purchase or lease of vehicles, and vehicle-remarketing services. The Insurance Operations segment offers consumer finance protection and insurance products through the automotive dealer channel, and commercial insurance products directly to dealers. This segment provides vehicle service and maintenance contract, and guaranteed asset protection products; and underwrites commercial insurance coverages, which primarily insure dealers' vehicle inventory. The Mortgage Finance Operations segment manages consumer mortgage loan portfolio that includes bulk purchases of jumbo and low-to-moderate income mortgage loans originated by third parties, as well as direct-to-consumer mortgage offerings. The Corporate Finance Operations segment provides senior secured leveraged cash flow and asset-based loans to middle market companies; leveraged loans; and commercial real estate product to serve companies in the healthcare industry. The company also offers commercial banking products and services. In addition, it provides securities brokerage and investment advisory services. The company was formerly known as GMAC Inc. and changed its name to Ally Financial Inc. in May 2010. Ally Financial Inc. was founded in 1919 and is based in Detroit, Michigan.
Ally Financial Dividend Announcement
• Ally Financial announced a quarterly dividend of $0.30 per ordinary share which will be made payable on 2024-11-15. Ex dividend date: 2024-11-01
• Ally Financial annual dividend for 2024 was $1.20
• Ally Financial annual dividend for 2023 was $1.20
• Ally Financial's trailing twelve-month (TTM) dividend yield is 3.18%
• Ally Financial's payout ratio for the trailing twelve months (TTM) is 54.41%
• Ally Financial's dividend growth over the last five years (2018-2023) was 16.47% year
Ally Financial Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-01 | $0.30 | quarterly | 2024-11-15 |
| 2024-08-01 | $0.30 | quarterly | 2024-08-15 |
| 2024-04-30 | $0.30 | quarterly | 2024-05-15 |
| 2024-01-31 | $0.30 | quarterly | 2024-02-15 |
| 2023-10-31 | $0.30 | quarterly | 2023-11-15 |
| 2023-07-31 | $0.30 | quarterly | 2023-08-15 |
| 2023-04-28 | $0.30 | quarterly | 2023-05-15 |
| 2023-01-31 | $0.30 | quarterly | 2023-02-15 |
| 2022-10-31 | $0.30 | quarterly | 2022-11-15 |
| 2022-07-29 | $0.30 | quarterly | 2022-08-15 |
| 2022-04-29 | $0.30 | quarterly | 2022-05-16 |
| 2022-01-31 | $0.30 | quarterly | 2022-02-15 |
| 2021-10-29 | $0.25 | quarterly | 2021-11-15 |
| 2021-07-30 | $0.25 | quarterly | 2021-08-16 |
| 2021-04-29 | $0.19 | quarterly | 2021-05-14 |
| 2021-01-29 | $0.19 | quarterly | 2021-02-12 |
| 2020-10-29 | $0.19 | quarterly | 2020-11-13 |
| 2020-07-30 | $0.19 | quarterly | 2020-08-14 |
| 2020-04-30 | $0.19 | quarterly | 2020-05-15 |
| 2020-01-30 | $0.19 | quarterly | 2020-02-14 |
| 2019-10-31 | $0.17 | quarterly | 2019-11-15 |
| 2019-07-31 | $0.17 | quarterly | 2019-08-15 |
| 2019-04-30 | $0.17 | quarterly | 2019-05-15 |
| 2019-01-31 | $0.17 | quarterly | 2019-02-15 |
| 2018-10-31 | $0.15 | quarterly | 2018-11-15 |
| 2018-07-31 | $0.15 | quarterly | 2018-08-15 |
| 2018-04-30 | $0.13 | quarterly | 2018-05-15 |
| 2018-01-31 | $0.13 | quarterly | 2018-02-15 |
| 2017-10-31 | $0.12 | quarterly | 2017-11-15 |
| 2017-07-28 | $0.12 | quarterly | 2017-08-15 |
| 2017-04-27 | $0.08 | quarterly | 2017-05-15 |
| 2017-01-30 | $0.08 | quarterly | 2017-02-15 |
| 2016-10-28 | $0.08 | quarterly | 2016-11-15 |
| 2016-07-28 | $0.08 | quarterly | 2016-08-15 |
Ally Financial Dividend per year
Ally Financial Dividend growth
Ally Financial Dividend Yield
Ally Financial current trailing twelve-month (TTM) dividend yield is 3.18%. Interested in purchasing Ally Financial stock? Use our calculator to estimate your expected dividend yield:
Ally Financial Financial Ratios
P/E ratio13.10
PEG ratio-0.76
P/B ratio0.79
ROE6.31%
Payout ratio54.41%
Current ratio4.00
Quick ratio4.00
Cash Ratio1.06
Ally Financial Dividend FAQ
How much is the next Ally Financial dividend?
Ally Financial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Ally Financial dividend. The next Ally Financial dividend will be released in January, April, July, or October.
When is Ally Financial dividend paid?
Ally Financial pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Ally Financial pay?
The specific amount of Ally Financial dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Ally Financial's dividend history.
Does Ally Financial stock pay dividends?
Yes, Ally Financial does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Ally Financial's dividend history.
How much dividend does Ally Financial pay?
Ally Financial paid $1.2 in 2024, $1.2 in 2023, $1.2 in 2022, $0.88 in 2021, and $0.76 in 2020.
How often does Ally Financial pay dividends?
Ally Financial typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is Ally Financial's dividend yield?
The current dividend yield for Ally Financial is 3.18%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Ally Financial's exact dividend yield.
When does Ally Financial go ex dividend?
Ally Financial's ex-dividend date for the latest dividend was on 2024-11-01. Ally Financial typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Ally Financial dividend paid?
Ally Financial pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Ally Financial increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Ally Financial will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Ally Financial dividend per share?
Ally Financial paid $1.2 per share in 2024 and $1.2 per share in 2023. The amount of dividend per share that Ally Financial pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Ally Financial a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Ally Financial a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Ally Financial a dividend stock?
Yes, Ally Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Ally Financial a good dividend stock?
Whether Ally Financial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Ally Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Ally Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Ally Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Ally Financial pay dividends monthly?
Ally Financial typically pays dividends on a quarterly basis.
Does Ally Financial pay dividends quarterly?
Ally Financial currently pays dividends on a quarterly basis.
Has Ally Financial ever paid a dividend?
Yes, Ally Financial has a history of paying dividends to its shareholders. Ally Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ally Financial dividend stocks?
To buy Ally Financial you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Ally Financial stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Ally Financial stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Ally Financial pay dividends 2024?
Ally Financial pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Ally Financial increase its dividend in 2024?
Decisions regarding Ally Financial dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Ally Financial dividend overview you can look into the above table of dividend history.
How Ally Financial dividend works?
The Ally Financial dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Ally Financial's dividend process works:
1. Determination of Dividend: Ally Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Ally Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Ally Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Ally Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Ally Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Ally Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Ally Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Ally Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Ally Financial dividends paid?
Ally Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Ally Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Ally Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ally Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Ally Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Ally Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ally Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Ally Financial pay dividends?
Ally Financial typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Ally Financial pay dividends?
The general pattern is that Ally Financial pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Ally Financial dividend safe?
The safety of Ally Financial's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Ally Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Ally Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Ally Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Ally Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.