NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NEWTI) Projected to Post Quarterly Earnings on Tuesday

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) is anticipated to issue its resultson Tuesday, May 12th. Analysts expect the company to announce earnings of $0.4383 per share and revenue of $78.6860 million for the quarter.

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 Stock Down 0.3%

Shares of NASDAQ:NEWTI traded down $0.09 during trading on Tuesday, hitting $25.37. 339 shares of the company were exchanged, compared to its average volume of 3,111. NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 has a 12-month low of $24.70 and a 12-month high of $25.82. The firm’s 50 day moving average price is $25.22 and its 200-day moving average price is $25.24.

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

The company also recently announced a quarterly dividend, which was paid on Sunday, March 1st. Stockholders of record on Friday, February 27th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 7.9%. The ex-dividend date of this dividend was Friday, February 27th.

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.