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

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) declared a quarterly dividend on Monday, November 9th. Shareholders of record on Monday, November 30th will be given a dividend of $0.50 per share on Tuesday, December 1st. This represents a $2.00 annualized dividend and a dividend yield of 7.9%. The ex-dividend date of this dividend is Monday, November 30th.

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

Shares of NASDAQ NEWTI traded up $0.01 during mid-day trading on Tuesday, reaching $25.21. 802 shares of the company were exchanged, compared to its average volume of 2,379. The company’s 50-day simple moving average is $25.11 and its 200-day simple moving average is $25.29. NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 has a twelve month low of $24.35 and a twelve month high of $25.70.

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

NewtekOne, Inc is a financial technology and business services company focused on serving small and midsize businesses across the United States. Its offerings include business banking and lending, payment processing, payroll, insurance, and technology services.

The company operates through Newtek and affiliated businesses, including Newtek Bank, N.A. Newtek traces its roots to 1999, when it began as Newtek Business Services. Its transition to a bank holding company accompanied the expansion of its banking services.

NewtekOne’s 8.00% Fixed Rate Senior Notes due 2028, traded under the symbol NEWTI, are debt securities associated with the company rather than shares of its common stock.