NewtekOne Announces Quarterly Dividend of $0.19 per Share

Wednesday, Jun 25, 2025 8:32 am ET1min read

NewtekOne, Inc. declared a quarterly dividend of $0.19 per share on its outstanding common stock. The dividend is payable on July 21, 2025, to shareholders of record as of July 9, 2025. The amount and timing of dividends remain subject to the discretion of the company's Board of Directors.

NewtekOne, Inc. (NASDAQ: NEWT) has announced a quarterly cash dividend of $0.19 per share on its outstanding common stock. The dividend will be paid on July 21, 2025, to shareholders of record as of July 9, 2025 [2]. The amount and timing of dividends remain subject to the discretion of the company's Board of Directors [4].

This dividend announcement follows NewtekOne's recent success in amending and upsizing its revolving credit facility with Deutsche Bank AG to $170 million. The facility is used to fund the origination of Alternative Loan Program (ALP) loans before they are securitized [5]. NewtekOne has successfully completed several securitizations backed by ALP loans, demonstrating robust growth in its financial performance.

NewtekOne provides a variety of financial solutions to independent business owners across the U.S. through its bank and non-bank subsidiaries. The company offers banking, business lending, SBA lending solutions, electronic payment processing, eCommerce, accounts receivable financing, inventory financing, insurance solutions, web services, and payroll and benefits solutions. Additionally, NewtekOne offers technology solutions such as cloud computing, data backup, storage and retrieval, IT consulting, and web services provided by Intelligent Protection Management Corp. (IPM.com) [4].

The company's commitment to providing financial solutions and its recent dividend announcement reflect its efforts to reward shareholders and enhance shareholder value. However, the reliance on a significant revolving credit facility increase may indicate potential financial vulnerability or a need for external funding to continue operations [5].

Investors should be aware of the potential risks associated with forward-looking statements and the company’s future financial performance. NewtekOne's management has highlighted significant risks and uncertainties in its filings with the Securities and Exchange Commission, which are available on the company's website and the SEC’s website [4].

References:
[1] https://stockanalysis.com/stocks/newt/dividend/
[2] https://www.stocktitan.net/news/NEWT/newtek-one-inc-declares-a-quarterly-dividend-of-0-19-per-zn5lixri9c0n.html
[3] https://www.tradingview.com/news/zacks:96ed24128094b:0-delta-air-lines-cheers-investors-with-25-hike-in-quarterly-dividend/
[4] https://www.globenewswire.com/news-release/2025/06/25/3105071/0/en/NewtekOne-Inc-Declares-a-Quarterly-Dividend-of-0-19-per-Share.html
[5] https://www.nasdaq.com/articles/newtekone-inc-upsizes-revolving-credit-facility-deutsche-bank-170-million

Comments



Add a public comment...
No comments

No comments yet