Ally Financial Dividends and Buybacks
Dividend criteria checks 3/6
Ally Financial is a dividend paying company with a current yield of 3.28% that is well covered by earnings. Next payment date is on 15th November, 2024 with an ex-dividend date of 1st November, 2024.
Key information
3.3%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 9.4% |
| Next dividend pay date | 15 Nov 24 |
| Ex dividend date | 01 Nov 24 |
| Dividend per share | US$1.200 |
| Payout ratio | 47% |
Recent dividend and buyback updates
Ally Financial (NYSE:ALLY) Will Pay A Dividend Of $0.30
Oct 13
Ally Financial (NYSE:ALLY) Has Announced A Dividend Of $0.30
Jul 19Recent updates
Ally Financial: Shares Are Unlikely To Rebound Until Delinquencies Stabilize
Oct 24Ally Financial (NYSE:ALLY) Will Pay A Dividend Of $0.30
Oct 13Ally Financial: Bright Outlook Ahead, But Is Overvalued
Sep 06Ally Financial (NYSE:ALLY) Has Announced A Dividend Of $0.30
Jul 19Ally Financial: Credit Concerns Likely Limit Upside After Q2 Results (Downgrade)
Jul 17Ally Financial: Improving Credit Metrics, But Caution Is Warranted
Jun 30Ally Financial (NYSE:ALLY) Is Paying Out A Dividend Of $0.30
Apr 25Ally Financial: Strong Q1 Results Point To Accelerating Earnings
Apr 19Ally Financial: Potentially Undervalued And Benefits From Strong Auto Segment Growth
Feb 26Neutral On Ally Financial Based On My 2025 EPS Forecast Math
Jan 29Ally Financial Earnings: The Current Narrative Could Change Rather Quickly
Jan 17Household Financial Distress Is Rising - Short Ally Financial
Jan 09Ally Financial Is A Risky, Yet Promising Investment
Dec 08Ally Financial: Driving Forward With A Strong Moat In A High-Yield Environment
Oct 26Ally Financial's Discount To Tangible Book Makes Little Sense
Oct 19Ally Financial's (NYSE:ALLY) Dividend Will Be $0.30
Oct 13Ally Financial: Collecting The Dividend While The Price Recovers
Oct 11Ally Is Attractive And A Potential Winner From The Auto Strike
Sep 20Falling Car Prices Leave Ally Financial Without Proper Collateral
Aug 30Arch Capital - Ally Financial: Expect Market-Beating Returns Over The Next 3-5 Years
Aug 17Buy Ally Financial Before Mr. Market Realizes He Has Been Too Pessimistic
Jul 24Ally Financial (NYSE:ALLY) Is Paying Out A Dividend Of $0.30
Jul 21Ally Financial: Undervalued Online Bank But Holding Out For A Better Price
Jul 17Big Banks Have Massive Exposure: A Look At Ally Financial
Jun 16Ally Financial: Trading Cheaply, But Not Worth Buying
Jun 09Ally Financial's (NYSE:ALLY) Dividend Will Be $0.30
Apr 21Ally Financial: A Risky Play, Unlikely To Work In A Recession
Feb 23Ally Financial: Be Fearful When Others Are Greedy
Feb 03Ally Financial's (NYSE:ALLY) Dividend Will Be $0.30
Jan 24Ally Financial: It Could Get Worse
Dec 29Ally Financial a new short idea at Hedgeye
Dec 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ALLY has been paying a dividend for less than 10 years.
Growing Dividend: ALLY'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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ALLY) | 3.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Consumer Finance) | 1.7% |
| Analyst forecast (ALLY) (up to 3 years) | 3.4% |
Notable Dividend: ALLY's dividend (3.28%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: ALLY's dividend (3.28%) is low compared to the top 25% of dividend payers in the US market (4.37%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.4%), ALLY's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ALLY's dividends in 3 years are forecast to be well covered by earnings (24% payout ratio).