One amazing dividend stock to buy now is a consumer finance company with double-digit yield and triple-digit-percentage returns. It sounds too good to be true, but this company has impressed analysts time and time again. In the last year, the company has come into the limelight as a powerful investment among dividend investors. Income investors are always looking for stable dividend payers like this one, but often fill their portfolios with excessively conservative stocks and missed opportunities.
OneMain Holdings (NYSE:OMF) is a consumer financial services company that largely provides insurance and personal loan products. The majority of its profit is obtained from net interest income, but it also makes money servicing loans, completing strategic acquisitions and occasionally establishing joint ventures and strategic alliances. The company is a new dividend payer that made its first distribution in the beginning of 2019 and has paid a dividend every quarter since (as well as two very large special dividends). Its current distribution annualizes to $7.06, corresponding to a 12.9% yield.
Source: Dividend Investor
Related Articles:
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
The Dividend Aristocrats — a prestigious group of companies in the S&P 500 that have increased their payouts for more than 25 consecutiv...
-
To be clear, no such thing as a risk-free investment. But pick the right monthly dividend stocks and you’ll probably have a higher chance of...
-
Dividend Aristocrats have a massive fan following among income investors, and for good reason: These are the only 65 stocks to have increase...
-
One amazing dividend stock to buy now is a consumer finance company with double-digit yield and triple-digit-percentage returns. It sounds t...
-
In this article we discuss the 5 best dividend stocks to buy for consistent growth and income. If you want to read our detailed analysis of ...
-
Of all the places to invest, there may not be a more recession-proof sector than water stocks. Consumers need access to clean water for drin...
-
With the Energy sector up over 29% in the 1st quarter of 2021, and leading all other sectors by a wide margin, energy-related high dividend ...
-
Looking for dividend-paying energy stocks? Pandemic-hit 2020 was a terrible time for energy stocks, with many cutting dividends and some eve...
-
These traditionally defensive investments offer investors a ready income stream through the dividend payments, no matter how the market move...
-
With how fast the economy is booming, though, just buying stodgy companies might not hold much appeal. That’s why it’s worth taking a look a...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.