Ally Financial declares dividend on common stock and Series B and Series C preferred stock | ALLY Stock News

Author's Avatar
Apr 16, 2025
Article's Main Image
  • Ally Financial Inc. (ALLY, Financial) declares a quarterly cash dividend of $0.30 per share on common stock.
  • Preferred stock dividends declared: Series B at $15.9 million and Series C at $11.8 million.
  • Dividend payments scheduled for May 15, 2025; record dates are April 30 and May 1, 2025.

Ally Financial Inc. (ALLY) has announced a quarterly cash dividend of $0.30 per share on its common stock, which will be paid to shareholders of record on May 1, 2025. The dividend is scheduled for payment on May 15, 2025. This move continues to demonstrate Ally's commitment to returning value to its shareholders.

In addition to the common stock dividend, Ally has declared substantial dividend payouts for its preferred stockholders. The Series B, a 4.700% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, will see a total dividend distribution of approximately $15.9 million, equating to $11.75 per share. Similarly, the Series C, also a 4.700% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, will receive a total of approximately $11.8 million, or $11.75 per share. Both preferred dividends are payable on May 15, 2025, to shareholders of record as of April 30, 2025.

Ally Financial Inc. operates as a key player in the financial sector, providing a range of services including the largest all-digital bank in the nation, auto financing, and corporate finance solutions. This consistent dividend strategy reflects Ally's stable financial standing and long-term growth prospects.

Also check out: (Free Trial)

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.