NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NEWTI) to Issue Quarterly Dividend of $0.50 on June 1st

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) declared a quarterly dividend on Friday, January 1st. Investors of record on Friday, May 29th will be paid 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 is Friday, May 29th.

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

NASDAQ NEWTI opened at $25.46 on Wednesday. The company has a fifty day simple moving average of $25.30 and a two-hundred day simple moving average of $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.