ALLY

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

On October 7, 2020, Ally Financial (NYSE: ALLY) announced shareholders can expect to receive a dividend payable on November 13, 2020. The stock will then go ex-dividend 1 business day(s) before the record date. Ally Financial, which has a current dividend payout of $0.19, has an ex-dividend date scheduled for October 29, 2020. That equates to a dividend yield of 2.85% at current price levels.What Is An Ex-Dividend Date? Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis.Ally Financial's Dividend History Over the past year, Ally Financial has experienced an overall upward trend regarding its dividend payouts and yields. Last year on October 31, 2019 the company's payout was $0.17, which has since grown by $0.02. Similarly, Ally Financial's dividend yield in last year was 2.17%, which has since grown by 0.68%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.See more from Benzinga * Click here for options trades from Benzinga * Recap: Ally Financial Q3 Earnings * Earnings Scheduled For October 16, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Ally Financial Inc. (NYSE: ALLY) and the National Association of Minority Automobile Dealers (NAMAD) have joined forces to name Grené Baranco, the new and used sales manager of Mercedes-Benz of Buckhead, the recipient of the third annual "Ally Sees Her" award in recognition of her automotive leadership and commitment to community and diversity. In conjunction with the award, Ally is donating $10,000 to Meals on Wheels Atlanta in Baranco's honor.

Ally Lending, the personal lending arm of Ally Bank, a subsidiary of Ally Financial Inc. (NYSE: ALLY), today announced the availability of patient financing options at all locations of Milan Laser Hair Removal, the largest laser hair removal company in the United States. Hair treatment and removal is a billion-dollar industry in the U.S.1 with no signs of slowing down.

Only a third of Americans can answer four out of five basic financial questions, down from 42 percent 10 years earlier, with the biggest drop among young people ages 18-34, according a study by the FINRA Investor Education Foundation1. In an effort to reverse these trends, leading digital financial services company Ally Financial (NYSE: ALLY) is embracing gamification as a powerful new strategy to make learning about money easy, fun, and above all, effective.

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each […]

Top Ranked Income Stocks to Buy for October 23rd

Ally and TIME today announced the nomination of 40 auto dealers for the annual TIME Dealer of the Year Award, the most prestigious award in the automotive dealer industry. The 2021 nominees are recognized for their extraordinary leadership in navigating their businesses and supporting their local communities during unprecedented times.