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@MoneyMaker23 6 months ago

OneMain Holdings delivers an impressive 8% yield

OneMain Holdings delivers an impressive 8% yield

offers an 8% annual dividend yield which is driven by its consumer lending business model that focuses on underserved borrowers. The risk is definitely higher because of rising defaulters in economic downturns, but still the company managed to report strong fundamentals. The Q1 net income rose to $213 million and defaulter rates dropped to 5.16%.

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