Ally Financial's latest quarterly cash dividend of $0.3 per share was issued to shareholders on record before Jul 29, 2022. The dividend distribution stands at $1.15 per share annually, which comes to a dividend yield of 4.13%.
ALLY has a dividend yield of 4.13% which is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.95%, Ally Financial's dividend yield is 40% higher. The current dividend yield is above the historical average of 2.3% of the last 5 years.
Ally Financial has been paying dividends for the last six years. Our records show that ALLY has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 40% since twelve months ago. And with the price of the stock down by 46% from a year ago, the dividend yield has an increase of 161%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 16.4% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 30.2%, Ally Financial's payout ratio is 46% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ALLY Ally Financial Inc | 4.01% | $1.15 | 16.4% |
| AXP American Express Co | 1.39% | $1.9 | 19.4% |
| INBK First Internet Bancorp | 0.7% | $0.24 | 5.2% |
Yes, Ally Financial has been paying dividends for the last six 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 October 2022.
Ally Financial's last regular dividend was on Jul 29, 2022 (ex-date) with the amount of $0.3 per share.
ALLY's annualized dividend per share is $1.15.
Ally Financial's current dividend yield is 4.13%.
Ally Financial pays four dividends per year.
Ally Financial's dividend payout ratio is 16.4%.
Ally Financial's dividend yield is above the Financial Services sector average.