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Subsequent Events
3 Months Ended
Mar. 31, 2020
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
Declaration of Quarterly Dividend
On April 16, 2020, our Board declared a quarterly cash dividend of $0.19 per share on all common stock. The dividend is payable on May 15, 2020, to stockholders of record at the close of business on May 1, 2020.
Ally Invest
Certain business developments subsequent to March 31, 2020, are expected to have an impact to the growth and timing of revenue at Ally Invest. We are currently evaluating changes in the projected revenues and earnings of the business, and any potential changes these developments may have to the carrying value of the goodwill at Ally Invest, which was $193 million as of March 31, 2020. Based on a preliminary analysis, using the business and macroeconomic data currently available as of the date of this filing, we anticipate recording an impairment of goodwill in the range of $30 million to $60 million during the second quarter of 2020.