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DETROIT - Ally Financial Inc. (NYSE:ALLY) announced Wednesday it has declared a quarterly cash dividend of $0.30 per share on its common stock, payable on August 15, 2025, to shareholders of record on August 1, 2025. The dividend represents a 3.07% yield, with the company maintaining consistent dividend payments for 10 consecutive years, according to InvestingPro data.
The financial services company also declared quarterly dividend payments for its preferred stock securities. For its 4.700% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B, Ally will pay approximately $15.9 million, or $11.75 per share. The Series C preferred stock will receive approximately $11.8 million, also at $11.75 per share.
Both preferred stock dividends will be payable on August 15, 2025, to shareholders of record as of July 31, 2025.
Ally Financial operates the nation’s largest all-digital bank and maintains a significant auto financing business. The company also provides securities brokerage and investment advisory services, as well as insurance offerings and corporate finance services for equity sponsors and middle-market companies.
The dividend announcement was made in a company press release issued Wednesday.
In other recent news, Ally Financial has been the subject of several analyst evaluations and company updates. Citi analysts reiterated their Buy rating on Ally Financial, maintaining a price target of $55.00, citing significant valuation upside and the company’s potential for tangible book value growth. The firm’s analysis pointed to net interest margin improvements and credit tailwinds as positive indicators for the company’s financial health. Similarly, Morgan Stanley analysts reaffirmed their Overweight rating with a price target of $39.00, emphasizing Ally Financial’s focus on achieving medium-term goals despite challenges in predicting Federal Reserve actions.
Ally Financial’s CEO, Michael Rhodes, discussed the potential short-term benefits of tariffs on used-car prices, which could favor the company’s auto financing operations. However, he stressed a cautious approach and noted that share buybacks are not yet a priority. In governance news, Ally Financial appointed Michelle J. Goldberg to its Board of Directors, bringing extensive experience in technology and venture capital to the company. This move aligns with Ally’s strategic focus on data analytics and consumer technologies, as the company continues to evolve its business direction. Meanwhile, Kenneth J. Bacon retired from the board, having served for a decade, including as chair of the Risk Committee.
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