NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) Stock Price Down 0% – What’s Next?

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI)’s share price traded down 0% during trading on Friday . The stock traded as low as $25.50 and last traded at $25.2950. 410 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 2,679 shares. The stock had previously closed at $25.30.

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 Trading Down 0.0%

The company’s fifty day simple moving average is $25.19 and its two-hundred day simple moving average is $25.09.

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

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Saturday, November 15th were given a $0.50 dividend. The ex-dividend date was Friday, November 14th. This represents a $2.00 annualized dividend and a dividend yield of 7.9%.

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.