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

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

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 Trading Up 0.1%

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 stock traded up $0.04 during mid-day trading on Wednesday, reaching $25.34. The company had a trading volume of 488 shares, compared to its average volume of 4,435. The stock’s 50-day simple moving average is $25.30 and its 200-day simple moving average is $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.

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.