Business
OppFi Announces $0.25 Per Share Special Dividend
CHICAGO, March 25, 2025--OppFi Inc. (NYSE: OPFI) ("OppFi" or the "Company"), a leading tech-enabled digital finance platform that works with banks to provide financial products and services for everyday Americans, today announced that its Board of Directors (the "Board") has declared a $0.25 per share special dividend to be payable on April 18, 2025 to holders of record of the Company’s Class A common stock as of the close of business on April 8, 2025.
About this update from Oppfi Inc.
[{"type":"text","content":"CHICAGO, March 25, 2025--(BUSINESS WIRE)--OppFi Inc. (NYSE: OPFI) ("OppFi" or the "Company"), a leading tech-enabled digital finance platform that works with banks to provide financial products and services for everyday Americans, today announced that its Board of Directors (the "Board") has declared a $0.25 per share special dividend to be payable on April 18, 2025 to holders of record of the Company’s Class A common stock as of the close of business on April 8, 2025.","length":503,"tagName":"p"},{"type":"text","content":""We are proud to announce our second special dividend as a public company, which underscores our confidence in our earnings potential. Our consistent outperformance enables us to reward stockholders with this dividend, in addition to paying off our corporate debt earlier this month, while still maintaining flexibility to fund growth and pursue high ROI investments and M&A opportunities. OppFi is building the leading technology and servicing platform for products and services in the alternative financial services space. We look forward to reporting on our 2025 progress on our first-quarter earnings call in early May," said Todd Schwartz, Executive Chairman and Chief Executive Officer of OppFi.","length":715,"tagName":"p"},{"type":"text","content":"In addition to the special dividend payable to Class A common stockholders, the Board approved a $0.25 per unit special distribution to holders of record of Class A common units of Opportunity Financial, LLC as of the close of business on April 8, 2025.","length":253,"tagName":"p"},{"type":"text","content":"Future declarations of dividends are subject to the determination and discretion of the Board.","length":94,"tagName":"p"},{"type":"text","content":"About OppFi","length":11,"tagName":"p"},{"type":"text","content":"OppFi (NYSE: OPFI) is a leading tech-enabled digital finance platform that works with banks to provide financial products and services for everyday Americans. Through a transparent and responsible platform, which includes financial inclusion and excellent customer experience, the Company supports consumers who are turned away by mainstream options to build better financial health. OppLoans by OppFi maintains a 4.5/5.0 star rating on Trustpilot with more than 4,900 reviews, making the Company one of the top cons...