Onemain Holdings dividend – OneMain Holdings declares $0.95/share quarterly dividend

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ONEMAIN ($NYSE:OMF): OneMain Holdings is a lending company that offers personal loans, auto loans, and other financial services. The company has announced a $0.95/share quarterly dividend, which is in line with the previous quarter. The dividend is payable Nov. 14 to shareholders of record Nov. 7, and the ex-dividend date is Nov. OneMain Holdings has a strong history of paying dividends, and the company’s dividend yield is currently around 4%.

This makes OneMain Holdings an attractive option for income-seeking investors. The company’s stock price has been volatile in recent years, but it has generally trended upward over the long term.

Dividends – Onemain Holdings dividend

ONEMAIN HOLDINGS has declared a quarterly dividend of $0.95 per share for the fiscal year 2022 second quarter ending June 30. This is compared to the dividends of $6.05 per share and $3.44 per share that were issued last year. Despite the decrease in dividends, the company’s dividend yield is still high at 12.95%. For investors looking for dividend stocks, ONEMAIN HOLDINGS might be worth considering. The company’s dividend yields from 2020 to 2022 are as follows: 12.95%, 11.01%, 6.1%.

The three-year average dividend yield is 10.02%. While the company’s dividend yield has decreased in recent years, it is still one of the highest yielding stocks in the market. For income investors, ONEMAIN HOLDINGS is definitely worth considering.

Price History

OneMain Holdings, a leading provider of consumer finance products and services, has declared a quarterly dividend of $0.95 per share. So far, news coverage of the dividend declaration has been mostly positive. On Wednesday, the day after the announcement, ONEMAIN HOLDINGS stock opened at $32.7 and closed at $32.6, up by 0.2% from the previous day’s closing price of $32.5. The dividend declaration is just one of several recent positive developments for the company.

The transaction was well-received by investors, and helped to further solidify the company’s financial position. Looking ahead, OneMain Holdings appears to be in a good position to continue growing and delivering value to shareholders. The company’s strong financial position, combined with its continued focus on providing quality products and services to consumers, should help to support future growth.

VI Analysis

A company’s fundamentals reflect its long term potential. The VI app makes analyzing a company’s fundamentals easy. According to VI, ONEMAIN HOLDINGS has an intermediate health score of 4/10, considering its cashflows and debt. This means that ONEMAIN HOLDINGS may be able to safely ride out any crisis without the risk of bankruptcy. ONEMAIN HOLDINGS is classified as a ‘cow’, a type of company that has the track record of paying out consistent and sustainable dividends. Dividend investors may be interested in ONEMAIN HOLDINGS for its dividend potential.

However, the company is weak in terms of asset quality and profitability.

VI 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 good investment because it pays a quarterly dividend of $0.95 per share. The company’s news coverage has been mostly positive, and its stock price has been trending upward. It has a strong presence in communities across the United States and is committed to helping its customers meet their financial needs.