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

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) announced a quarterly dividend on Monday, November 9th. Stockholders 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 dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date 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 trading on Tuesday, reaching $25.21. 802 shares of the company traded hands, compared to its average volume of 2,379. NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 has a 52 week low of $24.35 and a 52 week high of $25.70. The company’s 50 day moving average is $25.11 and its two-hundred day moving average is $25.29.

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

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.