2 Top Dividend Stocks to Buy in October

Group 1: Ally Financial - Ally Financial is the largest all-digital bank in the U.S. and the top prime auto lender, making it the 23rd-largest U.S. bank by assets [2] - The recent Federal Reserve interest rate cuts are favorable for banks, including Ally, which could lead to a recovery in its stock price [2][3] - Ally's current dividend yield is 3.4%, which is higher than most larger banks, providing an attractive passive income opportunity [3][4] Group 2: Prudential Financial - Prudential has evolved into a full-scale wealth management company, with its U.S. retirement strategies business up 67% year-to-date and private alternative capital deployment up 35% [5][6] - The company manages $1.5 trillion in assets and has a solid financial position, serving 50 million customers in 50 countries [6] - Prudential's dividend has increased by 30% over the past five years, yielding 4.3% at the current price, which is more than three times the average S&P 500 yield [7]