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:
One Amazing Dividend Stock to Buy Now
Posted by D4L | Friday, April 30, 2021 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
In this article, we discuss 5 best consumer staples dividend stocks to buy now. If you want to read our detailed analysis of the consumer st...
-
If you've been holding back from investing in your future just because you don't have a lot of extra cash to spare, I've got gre...
-
Dividend stocks cater to investors who want less volatility and stable cash flow. Some dividend stocks offer a combination of respectable yi...
-
I stumbled upon some data a few years back that has altered my investment philosophy. According to data by Ned Davis Research and Hartford F...
-
Following a strong year for the S&P 500 and huge gains for the tech-heavy Nasdaq Composite, it's a lot more difficult to find reason...
-
The company's remarkable consistency and low-risk business model make it a "first-choice investment opportunity," according to...
-
If you are here to build a portfolio that thrives in all seasons, consider dividend stocks. They can generate steady returns and provide sta...
-
One way to achieve financial freedom is to create passive income, or income that does not depend on your active involvement beyond a certain...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.