Ally Financial declares dividend on common stock and Series B and Series C preferred stock
Rhea-AI Summary
Ally Financial (NYSE: ALLY) has announced its latest dividend declarations. The company will pay a quarterly cash dividend of $0.30 per share on common stock to shareholders of record on May 1, 2025, with payment scheduled for May 15, 2025.
Additionally, Ally declared dividends for its preferred stock securities:
- Series B (4.700% Fixed-Rate Reset Non-Cumulative Perpetual): approximately $15.9 million ($11.75 per share)
- Series C (4.700% Fixed-Rate Reset Non-Cumulative Perpetual): approximately $11.8 million ($11.75 per share)
Positive
- Consistent dividend payments indicating financial stability
- Substantial preferred stock dividend distributions totaling $27.7 million
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, ALLY declined 0.46%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
A quarterly dividend payment was declared on Ally's
About Ally Financial
Ally Financial Inc. (NYSE: ALLY) is a financial services company with the nation's largest all-digital bank and an industry-leading auto financing business, driven by a mission to "Do It Right" and be a relentless ally for customers and communities. The company serves customers with deposits and securities brokerage and investment advisory services as well as auto financing and insurance offerings. The company also includes a seasoned corporate finance business that offers capital for equity sponsors and middle-market companies. For more information, please visit www.ally.com.
For more information and disclosures about Ally, visit https://www.ally.com/#disclosures.
For further images and news on Ally, please visit http://media.ally.com.
Contacts:
Sean Leary
Ally Investor Relations
704-444-4830
sean.leary@ally.com
Peter Gilchrist
Ally Communications (Media)
704-644-6299
peter.gilchrist@ally.com
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SOURCE Ally Financial