NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) Plans $0.50 Quarterly Dividend

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTIGet Free Report) announced a quarterly dividend on Monday, August 24th. Investors of record on Monday, August 31st will be paid a dividend of 0.50 per share on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 7.8%. The ex-dividend date of this dividend is Monday, August 31st.

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 Stock Performance

NEWTI stock traded up $0.06 during mid-day trading on Monday, reaching $25.64. 289 shares of the company’s stock were exchanged, compared to its average volume of 2,547. NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 has a 12-month low of $24.70 and a 12-month high of $25.70. The stock’s 50 day moving average is $25.42 and its 200 day moving average is $25.33.

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 Company Profile

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The NewtekOne, Inc 8.00% Fixed Rate Senior Notes due 2028 are senior unsecured debt obligations issued by NewtekOne, Inc (NASDAQ:NEWTI). The notes bear a fixed annual interest rate of 8.00%, payable semi-annually, and mature in 2028. As senior unsecured obligations, they rank pari passu with all other existing and future senior unsecured indebtedness of NewtekOne, Inc and rank ahead of any subordinated debt in the company’s capital structure.

NewtekOne, Inc is the holding company for Newtek, a publicly traded business development company that provides a diversified suite of financial and business services to small and medium-sized enterprises across the United States.

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Dividend History for NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI)

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