OneMain Holdings Declares Dividend and Extends Buyback Program

OneMain Holdings ( (OMF) ) just unveiled an announcement.

OneMain Holdings, Inc. declared a quarterly dividend of $1.04 per share amidst a robust financial performance for Q3 2024, with a net income of $157 million and strong growth in consumer loan originations. Despite a decline from the previous year, the company continued to focus on technological investments and enhancing credit trends. The extension of their share repurchase program reflects a commitment to driving shareholder value. Their liquidity position remains strong, supported by significant cash reserves and undrawn credit facilities.

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