Ally Financial Declares Dividend on Common Stock

Rhea-AI Summary

The board of directors of Ally Financial (NYSE: ALLY) has declared a $0.19 quarterly cash dividend per share, payable on August 14, 2020. Shareholders of record as of July 31, 2020 will receive this dividend. As of March 31, 2020, Ally Financial reported $182.5 billion in assets, reflecting its position as a leading digital financial services company. Ally focuses on customer service and innovative solutions in automotive finance and banking products through Ally Bank.

Positive

• Declared a quarterly cash dividend of $0.19 per share.
• Assets reported at $182.5 billion as of March 31, 2020.

Negative

• None.

News Market Reaction – ALLY

+2.28%

1 alert

+2.28% News Effect

On the day this news was published, ALLY gained 2.28%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

DETROIT, July 15, 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 August 14, 2020 to stockholders of record on July 31, 2020. 

About Ally Financial Inc.
Ally Financial Inc. (NYSE: ALLY) is a leading digital financial-services company with $182.5 billion in assets as of March 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-301094239.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?

The dividend will be payable on August 14, 2020.

Who qualifies for the Ally Financial dividend?

Shareholders of record as of July 31, 2020, will qualify for the dividend.

How much in assets does Ally Financial have?

As of March 31, 2020, Ally Financial reported assets totaling $182.5 billion.