Onemain Holdings dividend calculator – OneMain Holdings Increases Quarterly Dividend by 5.3%, Now Offering 9.45% Yield

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Onemain Holdings dividend calculator – ONEMAIN ($NYSE:OMF): OneMain Holdings is a large financial services company and the largest consumer finance company in the United States. It specializes in providing personal loans and other financial services to consumers. OneMain Holdings recently announced a quarterly dividend of $1.00 per share, a 5.3% increase from the previous dividend of $0.95. This dividend is payable on February 24th to shareholders of record as of February 17th, with the ex-dividend date being February 16th. This dividend yields 9.45% as seen on the OMF Dividend Scorecard, Yield Chart, and Dividend Growth. This is an attractive yield for investors and is higher than many other stocks in the financial services sector.

OneMain Holdings has been able to increase its dividend due to its strong financial performance. The company’s strong financial performance and increased dividend has made it an attractive stock for investors. Overall, OneMain Holdings has shown itself to be a strong performer in the financial services sector and its dividend increase is indicative of its strong financial performance and outlook. Investors looking to add a high-yield stock to their portfolio should take a closer look at OneMain Holdings.

Dividends – Onemain Holdings dividend calculator

OneMain Holdings recently announced an increase in its quarterly dividend by 5.3% to 9.45%, making it an attractive option for dividend seekers. This brings the dividend yield for 2020-2022 up to 7.15%, 11.01% and 12.95%, respectively, with an average yield of 10.37%. For those looking to invest in high-yield dividend stocks, ONEMAIN HOLDINGS could be an appealing option. With a dividend yield of over 10%, investors can benefit from a steady stream of income and potentially higher returns on their investment. Furthermore, the company’s strong balance sheet and low debt levels make it a sound and stable investment choice. ONEMAIN HOLDINGS is well-positioned to benefit from the ongoing economic recovery, given its focus on consumer lending and financial services. As consumer spending continues to rise, the company is likely to benefit from increased demand for its services.

In addition, the company’s digital capabilities allow it to adapt quickly to changing market conditions and maintain its competitive edge. Overall, ONEMAIN HOLDINGS’ decision to increase its quarterly dividend by 5.3% is likely to be welcomed by investors looking for high-yield dividend stocks. With a consistent dividend payout and a robust financial position, ONEMAIN HOLDINGS could be a smart investment choice for those seeking reliable income from their investments.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Onemain Holdings. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Onemain Holdings. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Onemain Holdings. More…

Key Ratios Snapshot

Some of the financial key ratios for Onemain Holdings are shown below. More…

Share Price

On Tuesday, ONEMAIN HOLDINGS stock had a very successful day when it opened at $43.0 and closed at $46.8, soaring by 10.6% from its previous closing price of 42.3. This is due to their announcement that the company will be increasing their quarterly dividend by 5.3%, bringing their yield up to 9.45%. The increase in dividend adds to the confidence of investors in the company’s future prospects. The company’s Board of Directors has stated that they believe this dividend increase will provide shareholders with a more attractive return on their investment, while also providing additional capital to the company to further support their growth objectives. ONEMAIN HOLDINGS is a financial services holding company that specializes in consumer finance and loan origination. Their products and services include consumer loans, auto loans, credit cards, insurance, and other related services.

The company has experienced significant growth in recent years and is one of the largest consumer finance companies in the United States. The company’s decision to increase their dividend provides a strong signal to their investors that they are dedicated to delivering returns to their shareholders. The increase also indicates that the company is in a strong financial position and is confident in its ability to continue to grow and expand its business in the coming years. Investors should be encouraged by this news and the increased yield from the dividend. Live Quote…

Analysis – Onemain Holdings Intrinsic Value Calculator

GoodWhale’s analysis of ONEMAIN HOLDINGS‘s fundamentals has revealed that their fair value per share is around $38.1. This figure was calculated using GoodWhale’s proprietary Valuation Line, which takes into account historical and current market conditions. Currently, ONEMAIN HOLDINGS’s stock is being traded at $46.8, which is overvalued by 22.9% compared to the fair value. This suggests that investors may not be taking into account the full picture when making their decisions. It is important to note that the fair value is just one factor to consider when making an investment decision. Other factors, such as the company’s financial health and future growth prospects, should also be taken into account. Additionally, it is essential to remember that the stock market is highly unpredictable and the fair value of a stock could change significantly in a short period of time. Therefore, investors should always exercise caution when making decisions about investing in ONEMAIN HOLDINGS or any other company. More…

Peers

The company offers a wide range of products and services to meet the needs of its customers. OneMain Holdings Inc has a strong competitive position in the market and is well-positioned to compete against its competitors.

– Nicholas Financial Inc ($NASDAQ:NICK)

Nicholas Financial Inc is a specialty finance company that provides consumer and small business loans through a network of branches and independent loan brokers. The company has a market cap of 44.24M as of 2022. Nicholas Financial Inc operates in two segments: Consumer Finance and Small Business Lending. The Consumer Finance segment offers loans to individuals for personal consumption, such as auto loans, home improvement loans, and loans for other major purchases. The Small Business Lending segment offers loans to small businesses for working capital, equipment financing, and other business purposes.

– Geneva Finance Ltd ($NZSE:GFL)

Geneva Finance Ltd is a New Zealand-based company engaged in the provision of personal finance solutions. The Company offers a range of products and services, including home loans, personal loans, vehicle finance, and insurance products. It operates through a network of branches located across New Zealand.

– Zip Co Ltd ($ASX:ZIP)

Zip Co Ltd is an Australian financial technology company that offers buy now, pay later services. The company has a market capitalization of 875.04 million as of 2022 and a return on equity of -21.16%. Zip Co Ltd offers its services through a mobile app and a website. The company was founded in 2013 and is headquartered in Sydney, Australia.

Summary

ONEMAIN Holdings is a financial services company that has been making headlines lately with its 5.3% quarterly dividend increase. This has increased the stock’s yield to 9.45%. Investors are encouraged by the company’s strong financial performance and commitment to its dividend. Analysts are expecting the stock price to continue to move up, as the company is continuing to be profitable and has demonstrated a commitment to its dividend.

The company is well-positioned for long-term success, as it has a strong balance sheet and is well diversified. With an attractive yield and solid financial performance, ONEMAIN Holdings is an attractive investment opportunity.