Ally Financial Announces Dividend for Common and Preferred Stock Shareholders

On January 17, 2025, the board of directors of Ally Financial Inc. (NYSE: ALLY) took a significant step to reward its shareholders by declaring a quarterly cash dividend. This dividend amounts to $0.30 per share for common stockholders and showcases the company's commitment to returning value to its investors. The payment is set for February 14, 2025, with eligibility for shareholders recorded by January 31, 2025.

In addition to this, Ally Financial has also announced quarterly dividend payments for its preferred stock securities, specifically its Series B and Series C preferred stocks. These preferences will see dividends of approximately $15.9 million for Series B and $11.8 million for Series C, both payable on February 15, 2025, again contingent on shareholders being on record as of January 31, 2025. Each preferred stock will yield approximately $11.75 per share, marking a steady return for those holding these securities.

About Ally Financial Inc.

Ally Financial is not just known for its dividends but also for its comprehensive suite of financial services. As the country’s largest all-digital bank, it offers a wide array of banking services, from deposits to mortgage products and credit cards. With a clientele of approximately 11 million, Ally aims to create a seamless financial experience through innovative online solutions.

Ally Financial significantly stands out in the auto financing sector, further cementing its position as an industry leader. The company's mission revolves around empowering customers and communities through reliable, forward-thinking financial practices. They emphasize their commitment to “Do It Right,” a mantra that resonates through their service offerings and customer interactions.

The firm plays a pivotal role in the corporate finance landscape as well, catering to equity sponsors and middle-market companies. Its comprehensive approach includes not just financing but also insurance offerings, thus covering multiple facets of the auto and finance sectors seamlessly.

Closing Thoughts

Ally Financial's recent announcement of dividends reflects a robust financial health and a commitment to its shareholders. With the impending dividend payments not only for common stock but also for Series B and Series C preferred stocks, the company continues to reinforce its dedication to shareholder value. Investors can look forward to receiving these returns while also participating in a company that is consistently pushing boundaries in the digital banking and auto financing realms. For detailed information about Ally Financial’s services and disclosures, interested parties can visit their official website.