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

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) declared a quarterly dividend on Monday, November 9th. Shareholders 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 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 NEWTI stock traded up $0.01 during midday trading on Tuesday, hitting $25.21. 882 shares of the company were exchanged, 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 firm’s 50 day moving average price is $25.11 and its two-hundred day moving average price is $25.29.

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

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.