OneMain Holdings, Inc., a financial service holding company, engages in the consumer finance and insurance businesses. The company originates, underwrites, and services personal loans secured by automobiles, other titled collateral, or unsecured. The company also offers credit cards and insurance products comprising life, disability, and involuntary unemployment insurance; optional non-credit insurance; guaranteed asset protection coverage as a waiver product or insurance; and membership plans. It operates through a network of approximately 1,400 branch offices in 44 states in the United States, as well as through its website onemainfinancial.com. The company was formerly known as Springleaf Holdings, Inc. and changed its name to OneMain Holdings, Inc. in November 2015. OneMain Holdings, Inc. was founded in 1912 and is based in Evansville, Indiana.
OneMain Dividend Announcement
• OneMain announced a quarterly dividend of $1.04 per ordinary share which will be made payable on 2024-11-18. Ex dividend date: 2024-11-12
• OneMain annual dividend for 2024 was $4.12
• OneMain annual dividend for 2023 was $4.00
• OneMain's trailing twelve-month (TTM) dividend yield is 6.14%
• OneMain's payout ratio for the trailing twelve months (TTM) is 90.15%
OneMain Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-12 | $1.04 | quarterly | 2024-11-18 |
2024-08-12 | $1.04 | quarterly | 2024-08-16 |
2024-05-09 | $1.04 | quarterly | 2024-05-17 |
2024-02-16 | $1.00 | quarterly | 2024-02-23 |
2023-11-03 | $1.00 | quarterly | 2023-11-10 |
2023-08-04 | $1.00 | quarterly | 2023-08-11 |
2023-05-04 | $1.00 | quarterly | 2023-05-12 |
2023-02-16 | $1.00 | quarterly | 2023-02-24 |
2022-11-04 | $0.95 | quarterly | 2022-11-14 |
2022-08-05 | $0.95 | quarterly | 2022-08-12 |
2022-05-06 | $0.95 | quarterly | 2022-05-13 |
2022-02-11 | $0.95 | quarterly | 2022-02-18 |
2021-11-01 | $0.70 | quarterly | 2021-11-09 |
2021-08-05 | $4.20 | quarterly | 2021-08-13 |
2021-05-05 | $0.70 | quarterly | 2021-05-13 |
2021-02-17 | $3.50 | quarterly | 2021-02-25 |
2020-11-06 | $0.45 | quarterly | 2020-11-17 |
2020-08-07 | $2.33 | quarterly | 2020-08-18 |
2020-05-28 | $0.33 | quarterly | 2020-06-12 |
2020-02-25 | $2.50 | quarterly | 2020-03-13 |
2019-11-25 | $0.25 | quarterly | 2019-12-13 |
2019-08-26 | $2.25 | quarterly | 2019-09-13 |
2019-05-28 | $0.25 | quarterly | 2019-06-14 |
2019-02-25 | $0.25 | quarterly | 2019-03-15 |
OneMain Dividend per year
OneMain Dividend growth
OneMain Dividend Yield
OneMain current trailing twelve-month (TTM) dividend yield is 6.14%. Interested in purchasing OneMain stock? Use our calculator to estimate your expected dividend yield:
OneMain Financial Ratios
OneMain Dividend FAQ
Other factors to consider when evaluating OneMain as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: OneMain's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, OneMain publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, OneMain distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from OneMain are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: OneMain sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, OneMain distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: OneMain declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of OneMain's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review OneMain's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.