Financial services company OneMain Holdings (NYSE:OMF) reported impressive second-quarter results and paid a $4.20 per share dividend in August 2021. Furthermore, we think the stock possesses solid value and growth attributes and, as such, may now be an attractive buy. Read on.OneMain Holdings, Inc. (OMF) in Evansville, Ind., is one of the largest personal installment loan companies, with roughly 2.2 million customers and 1,400 branches. On August 11, 2021, it priced an offering of 7 million shares of stock. The stock has gained 55.7% in price over the past year and 3.4% over the past six months to close the last trading session at $56.68.
OMF's revenue and EPS have grown at CAGRs of 15.9% and 79.6%, respectively, over the past three years. Also, the company has increased its dividends consecutively for the past two years, paying its latest dividend of $4.20 per share on August 13, which translated to a dividend yield of 4.94%.
Furthermore, half of the Federal Reserve policymakers now expect to start raising interest rates next year, which should benefit the company. So, OMF’s near-term prospects look promising.