Ally Financial's latest quarterly cash dividend of $0.3 per share was issued to shareholders on record before Apr 28, 2023. The dividend distribution stands at $1.2 per share annually, which comes to a dividend yield of 4.5%.
ALLY has a dividend yield of 4.5% which is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 3.91%, Ally Financial's dividend yield is 15% higher. The current dividend yield is above the historical average of 2.7% of the last 5 years.
Ally Financial has been paying dividends for the last seven years. Our records show that ALLY has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 9% since twelve months ago. And with the price of the stock down by 39% from a year ago, the dividend yield has an increase of 80%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 28, 2023 | May 15, 2023 | Apr 17, 2023 | $0.3 | normal |
| Jan 31, 2023 | Feb 15, 2023 | Jan 18, 2023 | $0.3 | normal |
| Oct 31, 2022 | Nov 15, 2022 | Oct 11, 2022 | $0.3 | normal |
| Jul 29, 2022 | Aug 15, 2022 | Jul 15, 2022 | $0.3 | normal |
| Apr 29, 2022 | May 16, 2022 | Apr 13, 2022 | $0.3 | normal |
| Jan 31, 2022 | Feb 15, 2022 | Jan 11, 2022 | $0.3 | normal |
| Oct 29, 2021 | Nov 15, 2021 | Oct 6, 2021 | $0.25 | normal |
| Jul 30, 2021 | Aug 16, 2021 | Jul 13, 2021 | $0.25 | normal |
| Apr 29, 2021 | May 14, 2021 | Apr 13, 2021 | $0.19 | normal |
| Jan 29, 2021 | Feb 12, 2021 | Jan 12, 2021 | $0.19 | normal |
| Oct 29, 2020 | Nov 13, 2020 | Oct 7, 2020 | $0.19 | normal |
| Jul 30, 2020 | Aug 14, 2020 | Jul 15, 2020 | $0.19 | normal |
| Apr 30, 2020 | May 15, 2020 | Apr 16, 2020 | $0.19 | normal |
| Jan 30, 2020 | Feb 14, 2020 | Jan 14, 2020 | $0.19 | normal |
| Oct 31, 2019 | Nov 15, 2019 | Oct 8, 2019 | $0.17 | normal |
| Jul 31, 2019 | Aug 15, 2019 | Jul 16, 2019 | $0.17 | normal |
| Apr 30, 2019 | May 15, 2019 | Apr 15, 2019 | $0.17 | normal |
| Jan 31, 2019 | Feb 15, 2019 | Jan 15, 2019 | $0.17 | normal |
| Oct 31, 2018 | Nov 15, 2018 | Oct 10, 2018 | $0.15 | normal |
| Jul 31, 2018 | Aug 15, 2018 | Jul 16, 2018 | $0.15 | normal |
| Apr 30, 2018 | May 15, 2018 | Apr 12, 2018 | $0.13 | normal |
| Jan 31, 2018 | Feb 15, 2018 | Jan 11, 2018 | $0.13 | normal |
| Oct 31, 2017 | Nov 15, 2017 | Oct 11, 2017 | $0.12 | normal |
| Jul 28, 2017 | Aug 15, 2017 | Jul 19, 2017 | $0.12 | normal |
| Apr 27, 2017 | May 15, 2017 | Apr 18, 2017 | $0.08 | normal |
| Jan 30, 2017 | Feb 15, 2017 | Jan 13, 2017 | $0.08 | normal |
| Oct 28, 2016 | Nov 15, 2016 | Oct 19, 2016 | $0.08 | normal |
| Jul 28, 2016 | Aug 15, 2016 | Jul 19, 2016 | $0.08 | normal |
ALLY has a payout ratio of 29.2% which is higher than the industry average but lower than the Financial Services sector average. In comparison with the Financial Services sector average of 32.1%, Ally Financial's payout ratio is 9% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ALLY Ally Financial Inc | 4.5% | $1.2 | 29.2% |
| INBK First Internet Bancorp | 1.95% | $0.24 | 10.7% |
| AXP American Express Co | 1.36% | $2.16 | 22.6% |
Yes, Ally Financial has been paying dividends for the last seven years.
ALLY hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in July 2023.
Ally Financial's last regular dividend was on Apr 28, 2023 (ex-date) with the amount of $0.3 per share.
ALLY's annualized dividend per share is $1.2.
Ally Financial's current dividend yield is 4.5%.
Ally Financial pays four dividends per year.
Ally Financial's dividend payout ratio is 29.2%.
Ally Financial's dividend yield is above the Financial Services sector average.