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

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) declared a quarterly dividend on Monday, August 24th. Shareholders of record on Monday, August 31st will be given a dividend of 0.50 per share on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 7.8%. The ex-dividend date is Monday, August 31st.

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

Shares of NASDAQ:NEWTI opened at $25.64 on Tuesday. 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. The company has a 50-day simple moving average of $25.42 and a 200 day simple moving average of $25.33.

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.