NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) Shares Up 0.5% After Dividend Announcement

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) shares were up 0.5% during trading on Tuesday after the company announced a dividend. The company traded as high as $24.91 and last traded at $25.03. Approximately 6,599 shares changed hands during trading, an increase of 82% from the average daily volume of 3,623 shares. The stock had previously closed at $24.90.

The newly announced dividend which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.99%. The ex-dividend date of this dividend is Thursday, May 15th.

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

The stock has a 50-day moving average price of $24.84 and a two-hundred day moving average price of $25.12.

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

newtek business services corp. has been in business since 1998, servicing over 100,000 business accounts in all 50 states. newtek aims to provide real-time, state-of-the-art content and business services in order to become the definitive destination for business owners across the united states. we are: a credible business partner with over $100 million of stockholders equity, over $160 million in revenues and over 100,000 business accounts we have operated as a publicly traded company for over eleven years, currently under sarbanes-oxley regulation all of our corporate data, as well as your company data, is stored in our military-strength facility in arizona, which is both sas-70 type ii and pci compliant we have fully transparent financial statements which can be found online in our investor relations section, http://investor.newtekbusinessservices.com.