Form 8-K Ally Financial Inc. For: Jan 11

Go back to Form 8-K Ally Financial Inc. For: Jan 11

Ally (ALLY) Shares Gain After $2 Billion Share Repurchase Program, Increased Dividend

January 11, 2022 5:14 PM EST

Ally Financial Inc. (NYSE: ALLY) stock gained 2% after-hours after its board of directors has authorized a repurchase of up to $2.0 billion of its common stock, effective until Dec. 31, 2022. The company recently completed a $2.0 billion share repurchase program in 2021 and expects to begin repurchasing... More

Ally Financial (ALLY) Raises Quarterly Dividend 20% to $0.30; 2.4% Yield

January 11, 2022 4:17 PM EST

Ally Financial (NYSE: ALLY) declared a quarterly dividend of $0.30 per share, or $1.2 annualized. This is a 20% increase from the prior dividend of $0.25.

The dividend will be payable on February 15, 2022, to stockholders of record on February 1, 2022, with an ex-dividend date of January 31,... More