Ally Financial Dividend
Dividend criteria checks 3/6
Ally Financial is a dividend paying company with a current yield of 3.06% that is well covered by earnings. Next payment date is on 15th May, 2024 with an ex-dividend date of 30th April, 2024.
Key information
3.1%
Dividend yield
49%
Payout ratio
Industry average yield | 4.5% |
Next dividend pay date | 15 May 24 |
Ex dividend date | 30 Apr 24 |
Dividend per share | n/a |
Earnings per share | €2.46 |
Dividend yield forecast in 3Y | 3.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, GMZ has been paying a dividend for less than 10 years.
Growing Dividend: GMZ's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Ally Financial Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (GMZ) | 3.1% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Consumer Finance) | 4.5% |
Analyst forecast in 3 Years (GMZ) | 3.3% |
Notable Dividend: GMZ's dividend (3.06%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: GMZ's dividend (3.06%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.8%), GMZ's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GMZ's dividends in 3 years are forecast to be well covered by earnings (21.9% payout ratio).