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ALLY Ally Financial dividend history, payout ratio & dates

Ally Financial's latest quarterly cash dividend of $0.3 per share was issued to shareholders on record before Jan 31, 2024. The dividend distribution stands at $1.2 per share annually, which comes to a dividend yield of 3.02%.

Key dates

  • ALLY last dividend date: Jan 31, 2024
  • ALLY next dividend date: Apr 30, 2024
ALLY dividend stats
DPS
$1.2
Dividend yield
3.03%
Payout ratio
40%
vs. Financial Services sector
Dividend yield
3.38%
Payout ratio
39.5%

Dividend yield

What is Ally Financial current dividend yield

ALLY has a dividend yield of 3.02% which is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 3.38%, Ally Financial's dividend yield is 11% lower. The current dividend yield is similar to the historical average of 3.0% of the last 5 years.

Dividend history

What is ALLY dividend payout history and dates

Ally Financial has been paying dividends for the last eight years. Our records show that ALLY has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. However with the price of the stock up by 54% from a year ago, the dividend yield has a decrease of 35%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Jan 31, 2024 Feb 15, 2024 Jan 16, 2024 $0.3 normal
Oct 31, 2023 Nov 15, 2023 Oct 10, 2023 $0.3 normal
Jul 31, 2023 Aug 15, 2023 Jul 17, 2023 $0.3 normal
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 Financial dividend payout ratio

What is Ally Financial dividend payout ratio compared to the sector

Payout ratio

ALLY has a payout ratio of 40% which is higher than the Financial Services sector average but lower than the industry average. But in comparison with the Financial Services sector average of 39.5%, Ally Financial's payout ratio is only 1.3% higher.

Total amount of dividends paid per financial year (from cash flow)

ALLY dividend vs peer dividends

How does ALLY dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
ALLY Ally Financial Inc 3.03% $1.2 40%
AXP American Express Co 1.04% $2.5 20.6%
INBK First Internet Bancorp 0.73% $0.24 25.3%

Frequently asked questions

Does Ally Financial pay a dividend?

Yes, Ally Financial has been paying dividends for the last eight years.

When is Ally Financial's next dividend?

ALLY's next dividend date is Apr 30, 2024 (ex-date).

When was ALLY's last dividend?

Ally Financial's last regular dividend was on Jan 31, 2024 (ex-date) with the amount of $0.3 per share.

How much dividend does Ally Financial pay (per share)?

ALLY's annualized dividend per share is $1.2.

What is Ally Financial's dividend yield?

Ally Financial's current dividend yield is 3.02%.

How often does Ally Financial pay dividends?

Ally Financial pays four dividends per year.

What is Ally Financial's dividend payout ratio?

Ally Financial's dividend payout ratio is 40%.

Does Ally Financial pay a good dividend?

Ally Financial's dividend yield is below the Financial Services sector average.