OneMain Holdings pays special dividend
OneMain Holdings, Inc. (OMF) will pay a special dividend of $2.00 per share in 2019. Earlier this year the financial services company initiated a quarterly dividend.
On July 29, 2019, the company declared a regular quarterly dividend of $0.25 per share and a special dividend of $2.00 per share, payable on September 13, 2019 to record holders of our common stock as of the close of business on August 27, 2019.
"We drove strong earnings growth and further enhanced the strength of our balance sheet during the second quarter 2019," said Doug Shulman, President and CEO of OneMain. "In addition, we declared a robust special dividend, underscoring the considerable capital generation of our business as we continue to execute on the strategic priorities that we outlined for 2019, which include disciplined receivables growth, improved credit losses and reduced leverage. We will continue to focus on serving our customers and, in so doing, will also drive tremendous shareholder value over the long term."
On July 29, 2019, the company declared a regular quarterly dividend of $0.25 per share and a special dividend of $2.00 per share, payable on September 13, 2019 to record holders of our common stock as of the close of business on August 27, 2019.
"We drove strong earnings growth and further enhanced the strength of our balance sheet during the second quarter 2019," said Doug Shulman, President and CEO of OneMain. "In addition, we declared a robust special dividend, underscoring the considerable capital generation of our business as we continue to execute on the strategic priorities that we outlined for 2019, which include disciplined receivables growth, improved credit losses and reduced leverage. We will continue to focus on serving our customers and, in so doing, will also drive tremendous shareholder value over the long term."