In this Patreon-requested video, we’re gonna take a look at a company called OneMain Holdings, ticker symbol OMF. Their stock currently offers a generous yield that’s exceeding 9% and they’ve never had a distribution cut since going public in 2013. So right away these two things make this stock pretty appealing, especially for those who love high income. From a performance perspective, they’ve done pretty well, as their share price is up about 121% since going public, without factoring in dividends being reinvested. Overall it looks like this holding has some good potential, so let’s take a deeper look at this company and see if it’s worthy of consideration for investors.

To give a general overview, OneMain Holdings is a financial services holding company that engages in 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. OneMain operates through a network of approximately 1,400 branch offices in 44 states in the U.S., as well as through their website. This company was founded 112 years ago, back in 1912 and today they have a market cap of over 5 billion dollars.

  / dividendbull