4 unchanged sentences
Our initial public offering was priced at $17.00 per share on October 15, 2013.
−Removed: On January 31, 2020, there were five record holders of OMH's common stock.
+Added: On February 1, 2021, there were five record holders of OMH's common stock.
This figure does not reflect the beneficial ownership of shares held in nominee name.
−Removed: On January 31, 2020, the closing price for OMH's common stock, as reported on the NYSE, was $42.37.
+Added: On February 1, 2021, the closing price for OMH's common stock, as reported on the NYSE, was $47.71.
DIVIDEND POLICY
OMH previously did not pay any dividends on its common stock from its initial public offering in 2013 through 2018.
−Removed: In February of 2019, the OMH Board of Directors announced a program of quarterly dividends of $0.25 per share, and in July of 2019 the board approved an additional special dividend of $2.00 per share payable in the third quarter of 2019.
−Removed: While OMH intends to pay regular quarterly dividends for the foreseeable future, and has announced an intention to pay semi-annual special dividends, all subsequent dividends will be reviewed quarterly and declared at the discretion of its board of directors and will depend on many factors, including our financial condition, earnings, cash flows, capital requirements, level of indebtedness, statutory and contractual restrictions applicable to the payment of dividends, and other considerations that the board of directors deems relevant.
−Removed: OMH's dividend payments may change from time to time, and OMH may not continue to declare dividends in the future.
−Removed: No trading market exists for SFC’s common stock.
−Removed: All of SFC’s common stock is held by OMH.
−Removed: To provide funding for the quarterly and special dividends, mentioned above, SFC paid dividends to OMH of $34 million on March 13, 2019 and on June 13, 2019, $306 million on September 12, 2019, and $34 million on December 12, 2019.
−Removed: SFC did not pay any cash dividends on its common stock in 2018 or 2017.
+Added: In February of 2019, the OMH Board of Directors announced a program of quarterly dividends.
+Added: While OMH intends to pay its minimum quarterly dividend, currently $0.45 per share, for the foreseeable future, and announced its intention to evaluate dividends above the minimum every first and third quarter, all subsequent dividends will be reviewed and declared at the discretion of its board of directors and will depend on many factors, including our financial condition, earnings, cash flows, capital requirements, level of indebtedness, statutory and contractual restrictions applicable to the payment of dividends, and other considerations that the board of directors deems relevant.
+Added: OMH's dividend payments may change from time to time, and the board of directors may choose not to continue to declare dividends in the future.
+Added: No trading market exists for OMFC’s common stock.
+Added: All of OMFC’s common stock is held by OMH.
+Added: To provide funding for the dividends, mentioned above, OMFC paid dividends to OMH of $799 million and $408 million in 2020 and 2019, respectively.
+Added: OMFC did not pay any dividends to OMH in 2018.
Because we are holding companies and have no direct operations, we will only be able to pay dividends from our available cash on hand and any funds we receive from our subsidiaries.
−Removed: Our insurance subsidiaries are subject to regulations that limit their ability to pay dividends or make loans or advances to us, principally to protect policyholders, and certain of SFC's debt agreements limit the ability of certain of our subsidiaries to pay dividends.
−Removed: See Notes 10 and 12 of the Notes to the Consolidated Financial Statements included in this report for further information on SFC's debt agreements and our insurance subsidiary dividends, respectively.
+Added: Our insurance subsidiaries are subject to regulations that limit their ability to pay dividends or make loans or advances to us, principally to protect policyholders, and certain of OMFC's debt agreements limit the ability of certain of our subsidiaries to pay dividends.
+Added: See Notes 9 and 11 of the Notes to the Consolidated Financial Statements included in this report for further information on OMFC's debt agreements and our insurance subsidiary dividends, respectively.
STOCK PERFORMANCE
12 unchanged sentences
The statement of operations data for the years ended December 31, 2017 and 2016 and the consolidated balance sheet data as of December 31, 2018, 2017, and 2016 have been derived from OMH's consolidated financial statements not included elsewhere herein.
−Removed: Due to the nominal differences between SFC and OMH, for the 2019 and 2018 periods, the selected historical consolidated financial data and other operating data relate only to OMH.
−Removed: See Note 2 of the Notes to the Consolidated Financial Statements included in this report for the reconciliation of results of SFC to OMH.
−Removed: For SFC's selected historical consolidated financial data and other operating data for the years ended 2017, 2016 and 2015, see “Selected Financial Data” in Part II Item 6 of SFC's Annual Report on Form 10-K for the year ended December 31, 2018 filed on February 15, 2019.
+Added: Due to the nominal differences between OMFC and OMH, for the 2020, 2019 and 2018 periods, the selected historical consolidated financial data and other operating data relate only to OMH.
+Added: See Note 2 of the Notes to the Consolidated Financial Statements included in this report for the reconciliation of results of OMFC to OMH.
+Added: For OMFC's selected historical consolidated financial data and other operating data for the years ended 2017 and 2016, see “Selected Financial Data” in Part II Item 6 of OMFC’s Annual Report on Form 10-K for the year ended December 31, 2018 filed on February 15, 2019.
The following selected financial data should be read in conjunction with “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included in this report and OMH’s audited consolidated financial statements and related notes included in this report.
12 unchanged sentences
1,571 1,552 1,685 1,554 1,739
−Removed: Income (loss) before income tax expense (benefit)
+Added: Income before income tax expense
977 1,098 624 431 356
−Removed: Net income (loss)
730 855 447 183 243
Net income attributable to non-controlling interests
−Removed: Net income (loss) attributable to OneMain Holdings, Inc.
+Added: Net income attributable to OneMain Holdings, Inc.
730 855 447 183 215
−Removed: Earnings (loss) per share:
+Added: Earnings per share:
Basic $ 5.42 $ 6.28 $ 3.29 $ 1.35 $ 1.60
9 unchanged sentences
19,030 18,487 16,291 16,155 15,057
−Removed: OneMain Holdings, Inc.
−Removed: shareholders’ equity
−Removed: 4,330 3,799 3,278 3,066 2,809
−Removed: Non-controlling interests
Total shareholders’ equity
3,441 4,330 3,799 3,278 3,066
−Removed: * On November 15, 2015, as part of our acquisition strategy, OMH completed the OneMain Acquisition.
−Removed: The selected financial data for 2015 includes OneMain’s results effective from November 1, 2015, pursuant to our contractual agreements with Citigroup.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.