Ally Financial declares dividend on common stock and Series B and Series C preferred stock

Rhea-AI Summary

Ally Financial Inc. (NYSE: ALLY) declared a quarterly cash dividend of $0.30 per share of common stock, payable on February 15, 2024. Quarterly dividend payments for Series B and Series C preferred stock securities were also declared, with payments of approximately $15.9 million and $11.8 million respectively.

DETROIT, Jan. 16, 2024 /PRNewswire/ -- The board of directors of Ally Financial Inc. (NYSE: ALLY) declared a quarterly cash dividend of $0.30 per share of the company's common stock, payable on February 15, 2024, to stockholders of record on February 1, 2024, as well as quarterly dividend payments for the company's Series B and Series C preferred stock securities, payable on February 15, 2024.

A quarterly dividend payment was declared on Ally's 4.700% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B, of approximately $15.9 million, or $11.75 per share, and is payable to shareholders of record as of January 31, 2024. Additionally, a dividend payment was declared on Ally's 4.700% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C, of approximately $11.8 million, or $11.75 per share, and is payable to shareholders of record as of January 31, 2024.

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 more than 11 million customers through a full range of online banking services (including deposits, mortgage, point-of-sale personal lending, and credit card products) and securities brokerage and investment advisory services. The company also includes a robust corporate finance business that offers capital for equity sponsors and middle-market companies, as well as auto financing and insurance offerings. For more information, please visit www.ally.com and follow @allyfinancial.

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

FAQ

What dividend was declared by Ally Financial Inc.?

Ally Financial Inc. declared a quarterly cash dividend of $0.30 per share of common stock.

When is the dividend payable?

The dividend is payable on February 15, 2024.

What is the ticker symbol for Ally Financial Inc.?

The ticker symbol for Ally Financial Inc. is ALLY.

What are the quarterly dividend payments for Series B and Series C preferred stock securities?

Quarterly dividend payments for Series B and Series C preferred stock securities were approximately $15.9 million and $11.8 million respectively.