Ally Financial Declares Dividend on Common Stock

Rhea-AI Summary

Ally Financial Inc. (NYSE: ALLY) has declared a quarterly cash dividend of $0.19 per share, payable on May 14, 2021 to shareholders on record as of April 30, 2021. This decision reflects the company's strong financial position, with $182.2 billion in assets as of December 31, 2020. Ally is recognized as a leading digital financial services provider, focusing on customer satisfaction and innovative solutions across various financial sectors, including automotive finance and online banking.

Positive

• Quarterly cash dividend of $0.19 per share declared.
• Reflects strong financial health with $182.2 billion in assets.

Negative

• None.

News Market Reaction

+1.68%

1 alert

+1.68% News Effect

On the day this news was published, ALLY gained 1.68%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

DETROIT, April 13, 2021 /PRNewswire/ -- The board of directors of Ally Financial Inc. (NYSE: ALLY) declared a quarterly cash dividend of $0.19 per share of the company's common stock, payable on May 14, 2021 to stockholders of record on April 30, 2021. 

About Ally Financial Inc.
Ally Financial Inc. (NYSE: ALLY) is a leading digital financial-services company with $182.2 billion in assets as of December 31, 2020. As a customer-centric company with passionate customer service and innovative financial solutions, we are relentlessly focused on "Doing it Right" and being a trusted financial-services provider to our consumer, commercial, and corporate customers. We are one of the largest full-service automotive-finance operations in the country and offer a wide range of financial services and insurance products to automotive dealerships and consumers. Our award-winning online bank (Ally Bank, Member FDIC and Equal Housing Lender) offers mortgage lending, personal lending, and a variety of deposit and other banking products, including savings, money-market, and checking accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs). Additionally, we offer securities-brokerage and investment-advisory services through Ally Invest. Our robust corporate finance business offers capital for equity sponsors and middle-market companies.

For more information and disclosures about Ally, visit https://www.ally.com/#disclosures.

Contacts:

Daniel Eller
Ally Investor Relations 
704-444-5216 
daniel.eller@ally.com

Jillian Palash
Ally Communications (Media)
704-644-6201
jillian.palash@ally.com

View original content:http://www.prnewswire.com/news-releases/ally-financial-declares-dividend-on-common-stock-301268149.html

SOURCE Ally Financial

FAQ

What is the dividend amount declared by Ally Financial?

Ally Financial declared a quarterly cash dividend of $0.19 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on May 14, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is April 30, 2021.

How much were Ally Financial's assets as of December 31, 2020?

As of December 31, 2020, Ally Financial had assets totaling $182.2 billion.