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

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) announced a quarterly dividend on Friday, January 1st. Shareholders of record on Friday, February 27th will be given a dividend of 0.50 per share on Sunday, March 1st. This represents a c) dividend on an annualized basis and a yield of 7.9%. The ex-dividend date is Friday, February 27th.

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

Shares of NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 stock traded up $0.04 during trading hours on Wednesday, hitting $25.34. 488 shares of the company were exchanged, compared to its average volume of 4,435. The business has a 50-day moving average of $25.30 and a 200-day moving average of $25.16. NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 has a 1 year low of $23.90 and a 1 year high of $25.82.

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

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.