OneMain Holdings: I Still Like This 7% Yield In My Portfolio

OMF delivered strong Q1'26 results, with net income of $226 million and diluted EPS of $1.93, beating consensus estimates while credit metrics remained stable. The stock trades at an attractive 9x PE and offers a compelling 7% dividend yield, backed by a consistent history of returning capital to shareholders. OneMain stands out as a defensive diversifier in a market dominated by big tech and AI, thanks to its resilience across credit cycles and high level of transparency in reporting.

In my last article on OneMain Holdings ( OMF ) from October last year, I gave the company a Strong Buy rating, arguing it was resilient and one of the better positioned subprime lenders in the