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

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) announced a quarterly dividend on Saturday, May 16th. Shareholders of record on Friday, May 29th will be given a dividend of 0.50 per share on Monday, June 1st. This represents a c) annualized dividend and a yield of 7.9%. The ex-dividend date of this dividend is Friday, May 29th.

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 Trading Up 0.3%

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 stock traded up $0.07 during mid-day trading on Friday, hitting $25.40. The company had a trading volume of 658 shares, compared to its average volume of 2,843. The stock’s 50 day moving average price is $25.26 and its two-hundred day moving average price is $25.25. 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.

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.