...declared a quarterly cash dividend of $0.30 per share of the company's common stock, representing a 20% increase compared to the company's prior quarterly cash dividend. The dividend will be payable on Feb. 15, 2022 to stockholders of record on Feb. 1, 2022."The strength of Ally's balance sheet and capital position allows us to meaningfully increase our common dividend for the seventh time in as many years and maintain a robust share-repurchase program," said Ally Chief Executive Officer Jeffrey J. Brown. "Both actions represent important components of our capital allocation framework and our broader objective to drive long-term value for all of our stakeholders."
...declared a quarterly cash dividend of $0.30 per share of the company's common stock, representing a 20% increase compared to the company's prior quarterly cash dividend. The dividend will be payable on Feb. 15, 2022 to stockholders of record on Feb. 1, 2022."The strength of Ally's balance sheet and capital position allows us to meaningfully increase our common dividend for the seventh time in as many years and maintain a robust share-repurchase program," said Ally Chief Executive Officer Jeffrey J. Brown. "Both actions represent important components of our capital allocation framework and our broader objective to drive long-term value for all of our stakeholders."