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:NEWTI) announced a quarterly dividend on Monday, August 24th. Stockholders 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 dividend yield of 7.8%. The ex-dividend date is Monday, August 31st.

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 Stock Up 0.2%

Shares of NEWTI stock traded up $0.06 during trading on Monday, hitting $25.64. 289 shares of the stock traded hands, compared to its average volume of 2,547. The firm’s fifty day moving average price is $25.42 and its 200-day moving average price is $25.33. NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 has a 52-week low of $24.70 and a 52-week high of $25.70.

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

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.