Ally Financial Inc.’s board declared a $0.35 quarterly common dividend, up 5 cents and its first increase since 2022, setting a higher payment for eligible shareholders in November.
Investors listed on the company’s records Nov. 2 are scheduled to receive the common payment Nov. 16, Ally said in its Oct. 19 announcement. The new rate is about 17% above the previous $0.30. Ally’s dividend history shows that rate held from 2022 through July 2026.
The board also declared dividends of $11.75 per Series C preferred share and $17.75 per Series D share. Both preferred payments are scheduled for Nov. 15 for holders recorded Oct. 31. Ally put the aggregate payouts at about $11.8 million for Series C and $17.8 million for Series D.
Ally is scheduled to release its third-quarter results at about 7:30 a.m. ET Tuesday, Oct. 20, followed by a conference call at 9 a.m. ET.
