Ally Financial Declares Dividend on Common Stock

Rhea-AI Summary

On October 7, 2020, Ally Financial Inc. (NYSE: ALLY) announced a quarterly cash dividend of $0.19 per share, payable on November 13, 2020, to shareholders on record as of October 30, 2020. As of June 30, 2020, the company reported assets totaling $184.1 billion. Ally Financial is recognized as a leading digital financial services provider, delivering innovative solutions in automotive finance, banking, and investment services.

Positive

• Quarterly cash dividend of $0.19 per share indicates commitment to returning value to shareholders.
• Assets totaled $184.1 billion as of June 30, 2020, reflecting strong financial positioning.

Negative

• None.

News Market Reaction

+3.53%

1 alert

+3.53% News Effect

On the day this news was published, ALLY gained 3.53%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

DETROIT, Oct. 7, 2020 /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 November 13, 2020 to stockholders of record on October 30, 2020. 

About Ally Financial Inc.
Ally Financial Inc. (NYSE: ALLY) is a leading digital financial-services company with $184.1 billion in assets as of June 30, 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-301146938.html

SOURCE Ally Financial

FAQ

What is Ally Financial's dividend amount for Q4 2020?

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

When will Ally Financial's dividend be paid?

The dividend will be payable on November 13, 2020.

What are the record dates for Ally Financial's dividend?

The record date for the dividend is October 30, 2020.

What are the key services offered by Ally Financial?

Ally Financial offers automotive finance, banking services, and investment solutions.