OneMain Holdings hikes dividend by 606.1%
OneMain Holdings, Inc. (OMF) will pay a quarterly dividend of 2.33 per share. Last year the financial services company initiated a quarterly dividend.
In its press release announcing second quarter 2020 results the company states that on July 27, 2020, OneMain declared a dividend of $2.33 per share payable on August 18, 2020 to record holders of the company's common stock as of the close of business on August 10, 2020. The company expects to maintain a minimum quarterly dividend of $0.33 per share going forward. Excess dividends above the minimum will be evaluated by the Board every first and third quarters, as is consistent with prior quarters and the company's capital allocation strategy.
OneMain Holdings, Inc. is a consumer finance company. OneMain provides personal loan products, credit and non-credit insurance products and service loans. The company provides origination, underwriting and servicing of personal loans, primarily to non-prime customers. OneMain has a network of branches and a digital platform that provides customers the option of obtaining a personal loan via the website www.omf.com. OneMain Holdings became a public company in 2013 and initiated a quarterly dividend in 2019.
In its press release announcing second quarter 2020 results the company states that on July 27, 2020, OneMain declared a dividend of $2.33 per share payable on August 18, 2020 to record holders of the company's common stock as of the close of business on August 10, 2020. The company expects to maintain a minimum quarterly dividend of $0.33 per share going forward. Excess dividends above the minimum will be evaluated by the Board every first and third quarters, as is consistent with prior quarters and the company's capital allocation strategy.
OneMain Holdings, Inc. is a consumer finance company. OneMain provides personal loan products, credit and non-credit insurance products and service loans. The company provides origination, underwriting and servicing of personal loans, primarily to non-prime customers. OneMain has a network of branches and a digital platform that provides customers the option of obtaining a personal loan via the website www.omf.com. OneMain Holdings became a public company in 2013 and initiated a quarterly dividend in 2019.
