NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NEWTI) To Go Ex-Dividend on August 31st

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) announced a quarterly dividend on Friday, August 28th. Investors of record on Monday, August 31st will be paid 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 Price Performance

Shares of NASDAQ:NEWTI opened at $25.68 on Friday. NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 has a 1-year low of $24.70 and a 1-year high of $25.70. The business has a 50-day moving average price of $25.46 and a two-hundred day moving average price of $25.34.

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.