NEWT dividend history
NewtekOne Inc. (NEWT) dividend declarations and ex-dividend dates - real-time wire coverage of every payout disclosure.
Recent dividend items
- NewtekOne, Inc. Declares Dividends on Common Stock and Series B Preferred SharesBOCA RATON, Fla., March 13, 2026 (GLOBE NEWSWIRE) -- NewtekOne, Inc. ("the Company") (NASDAQ:NEWT) announced that its Board of Directors declared a quarterly cash dividend of $0.19 per share on the Company's outstanding common stock. The dividend is payable on April 1, 2026, to shareholders of record as of March 24, 2026. The Company's Board of Directors also declared a dividend on the Company's outstanding 8.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B (the "Preferred Shares") (NASDAQ:NEWTP) in the amount of $21.25 per Preferred Share, or $0.53125 per depositary share, which is equivalent to 1/40th of the dividend on the Preferred Shares, payable on April 1, 2
- NewtekOne, Inc. Declares Dividend on Series B Preferred SharesBOCA RATON, Fla., Dec. 10, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. ("the Company") (NASDAQ:NEWT) has declared a dividend on the Company's outstanding 8.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B (the "Preferred Shares") in the amount of $21.25 per Preferred Share, or $0.53125 per depositary share, which is equivalent to 1/40th of the dividend on the Preferred Shares, payable on January 1, 2026 to holders of record as of December 22, 2025. About NewtekOne, Inc. NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries (collectively, "NewtekOne"), provides a wide range of bus
- NewtekOne, Inc. Declares a Quarterly Dividend of $0.19 per Common ShareBOCA RATON, Fla., Dec. 10, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. ("the Company") (NASDAQ:NEWT) announced that its Board of Directors declared a quarterly cash dividend of $0.19 per share on the outstanding common stock of NewtekOne. The dividend is payable on January 2, 2026, to shareholders of record as of December 22, 2025. Note Regarding Dividend Payments Amount and timing of dividends, if any, remain subject to the discretion of the Company's Board of Directors. About NewtekOne, Inc. NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries (collectively, "NewtekOne"), provides a wide range of b
- NewtekOne, Inc. Declares a Quarterly Dividend of $0.19 per ShareBOCA RATON, Fla., Sept. 30, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. ("the Company") (NASDAQ:NEWT) announced that its Board of Directors declared a quarterly cash dividend of $0.19 per share on the outstanding common stock of NewtekOne. The dividend is payable on October 24, 2025, to shareholders of record as of October 14, 2025. Note Regarding Dividend Payments Amount and timing of dividends, if any, remain subject to the discretion of the Company's Board of Directors. About NewtekOne, Inc. NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries (collectively, "NewtekOne"), provides
- NewtekOne, Inc. Declares Dividend on Series B Preferred SharesBOCA RATON, Fla., Sept. 29, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. ("the Company") (NASDAQ: NEWT) has declared a dividend on the Company's outstanding 8.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B (the "Preferred Shares") in the amount of $9.44 per Preferred Share, or $0.2361 per depositary share, which is equivalent to 1/40th of the dividend on the Preferred Shares, payable on October 1, 2025 to holders of record as of September 29, 2025. This initial dividend payment on the Preferred Shares is pro-rated for the initial dividend period from the date of the issuance of the Preferred Shares on August 20, 2025. About NewtekOne, Inc. NewtekOne®, Your Business
- NewtekOne, Inc. Declares a Quarterly Dividend of $0.19 per ShareBOCA RATON, Fla., June 25, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. ("the Company") (NASDAQ:NEWT) announced that its Board of Directors declared a quarterly cash dividend of $0.19 per share on the outstanding common stock of NewtekOne. The dividend is payable on July 21, 2025, to shareholders of record as of July 9, 2025. Note Regarding Dividend Payments Amount and timing of dividends, if any, remain subject to the discretion of the Company's Board of Directors. About NewtekOne, Inc. NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries (collectively, "NewtekOne"), provides a wide r
- NewtekOne, Inc. Closes ALP Loan Securitization with Sale of $184 Million of Rated NotesBOCA RATON, Fla., April 23, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT) announced today that it has closed a $184 million securitization backed by $216 million of Alternative Loan Program ("ALP") loans. This securitization, NALP Business Loan Trust 2025-1, represents the Company's third asset-backed securitization secured by ALP loans, the first two of which were executed out of NewtekOne joint ventures, and is the Company's 16th rated securitization. All of the Company's prior securitizations have maintained their initial investment-grade ratings or been upgraded. Pursuant to the securitization, the Company sold $155,930,000 of Class A Notes, $23,820,000 of C
- NewtekOne, Inc. Declares a Quarterly Dividend of $0.19 per ShareBOCA RATON, Fla., March 31, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. ("the Company") (NASDAQ:NEWT) announced that its Board of Directors declared a quarterly cash dividend of $0.19 per share on the outstanding common stock of NewtekOne. The dividend is payable on April 30, 2025, to shareholders of record as of April 15, 2025. Note Regarding Dividend Payments Amount and timing of dividends, if any, remain subject to the discretion of the Company's Board of Directors. About NewtekOne, Inc. NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries (collectively, "NewtekOne"), provides a wide range of busi
- NewtekOne, Inc. Declares a Quarterly Dividend of $0.19 per ShareBOCA RATON, Fla., Dec. 16, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. ("the Company") (NASDAQ:NEWT) announced that its Board of Directors declared a quarterly cash dividend of $0.19 per share on the outstanding common stock of NewtekOne. The dividend is payable on January 13, 2025, to shareholders of record as of December 31, 2024. Note Regarding Dividend Payments Amount and timing of dividends, if any, remain subject to the discretion of the Company's Board of Directors. About NewtekOne, Inc. NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries (collectively, "NewtekOne"), provides a wide r
- NewtekOne, Inc. Forecasts Originating Approximately $1.4 Billion in Business Loans in 2024BOCA RATON, Fla., Dec. 06, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. ("the Company") (NASDAQ:NEWT) announced today that it reaffirmed its forecast to originate approximately $1.4 billion in business loans in 2024 across all of its loan products including SBA 7(a) loans, SBA 504 loans, alternative loan program loans, CRE conforming loans, and C&I conforming loans. The Company forecasts originating approximately $1.9 billion in business loans across all its loan products in 2025, which would represent an approximate 36% increase over its expectations for the 2024 total business loan origination. Most of the 2025 loan origination growth is expected from the alternative loan program, CRE confor
- NewtekOne, Inc. Declares a Quarterly Dividend of $0.19 per ShareBOCA RATON, Fla., Sept. 16, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ:NEWT) announced today that its Board of Directors declared a quarterly cash dividend of $0.19 per share on the outstanding common stock of NewtekOne. The dividend is payable on October 21, 2024 to shareholders of record as of October 10, 2024. Note Regarding Dividend PaymentsAmount and timing of dividends, if any, remain subject to the discretion of the Company's Board of Directors. About NewtekOne, Inc. NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries (collectively, "NewtekOne"), provides a wide range of business and
- NewtekOne, Inc. Declares a Quarterly Dividend of $0.19 per ShareBOCA RATON, Fla., June 27, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT), today announced that its Board of Directors declared a quarterly cash dividend of $0.19 per share on the outstanding common stock of NewtekOne. The dividend is payable on July 19, 2024 to shareholders of record as of July 9, 2024. Note Regarding Dividend Payments Amount and timing of dividends, if any, remain subject to the discretion of the Company's Board of Directors. About NewtekOne, Inc. NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries (collectively, "NewtekOne"), provides a wide range of bu
- CORRECTING and REPLACING NewtekOne, Inc. News ReleaseBOCA RATON, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- Today NewtekOne, Inc. ("NewtekOne") timely filed its annual report on Form 10-K for the period ended December 31, 2023. The purpose of this press release is to update and replace NewtekOne's press release dated March 5, 2024, which announced NewtekOne's unaudited fourth quarter and full year 2023 financial results. NewtekOne, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results Full Year 2023 Basic Earnings per Share of $1.89 and Diluted Earnings per Share of $1.88 NewtekOne, Inc. (NASDAQ:NEWT), announced today its audited financial and operating results for the three and twelve months ended December 31, 2023. This is Ne
- NewtekOne, Inc. Declares a Quarterly Dividend of $0.19 per ShareBOCA RATON, Fla., March 19, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT), today announced that its Board of Directors declared a quarterly cash dividend of $0.19 per share on the outstanding common stock of NewtekOne. The dividend is payable on April 15, 2024 to shareholders of record as of April 1, 2024. This represents a 5.5% increase over the $0.18 per share quarterly dividend declared on December 11, 2023. Note Regarding Dividend Payments Amount and timing of dividends, if any, remain subject to the discretion of the Company's Board of Directors. About NewtekOne, Inc. NewtekOne®, Your Business Solutions Company®, is a financial holdin
- NewtekOne, Inc. Declares a Quarterly Dividend of $0.18 per ShareBOCA RATON, Fla., Dec. 11, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT), today announced that its Board of Directors declared a quarterly cash dividend of $0.18 per share on the outstanding common stock of NewtekOne. The dividend is payable on January 12, 2024 to shareholders of record as of December 29, 2023. About NewtekOne, Inc. NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries, (collectively, "NewtekOne"), provides a wide range of business and financial solutions under the Newtek® brand to the small- and medium-sized business ("SMB") market. Since 1999, NewtekOne has
- KBW Announces Index Rebalancing for Fourth-Quarter 2023NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2023. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Global Bank Index (Index Ticker: GBKX), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY). There are a num
- NewtekOne, Inc. CEO, Barry Sloane, Comments on the Declaration of Quarterly Dividend of $0.18 per ShareBOCA RATON, Fla., Sept. 27, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT), today announced that its Board of Directors declared a quarterly cash dividend of $0.18 per share on the outstanding shares of the Company's common stock, payable on October 20, 2023 to shareholders of record as of October 10, 2023. Barry Sloane, Chairman, President and Chief Executive Officer, commented, "We are pleased to declare our third dividend as a financial holding company and maintain our position in the marketplace as a company generating expected cash flows, which enables us to distribute returns to shareholders in the form of quarterly dividends." About NewtekOne, Inc. NewtekO
- NewtekOne, Inc. Declares a Quarterly Dividend of $0.18 per ShareBOCA RATON, Fla., Sept. 27, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT), today announced that its Board of Directors declared a quarterly cash dividend of $0.18 per share on the outstanding common stock of NewtekOne. The dividend is payable on October 20, 2023 to shareholders of record as of October 10, 2023. About NewtekOne, Inc. NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries, (collectively, "NewtekOne"), provides a wide range of business and financial solutions under the Newtek® brand to the small- and medium-sized business ("SMB") market. Since 1999, NewtekOne has
- NewtekOne, Inc. Announces that its Bank Subsidiary, Newtek Bank, N.A., has Declared a Dividend of $2.0 Million Payable to NewtekOne, Inc.BOCA RATON, Fla., Aug. 21, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT), announced today that the Board of Directors of its bank subsidiary, Newtek Bank, N.A,. has declared a dividend of $2.0 million, payable to NewtekOne. Barry Sloane, Chairman, President and Chief Executive Officer said, "We are pleased to report that the Board of Directors of Newtek Bank has declared a $2.0 million dividend, payable to NewtekOne, Newtek Bank's publicly traded financial holding company. Newtek Bank's swift ascension to profitability for the six months ended June 30, 2023, after being acquired by NewtekOne on January 6, 2023, is a testimony to the dedicated teams of executives a
- NewtekOne, Inc. Declares a Quarterly Dividend of $0.18 per ShareBOCA RATON, Fla., June 27, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT), today announced that its Board of Directors declared a quarterly cash dividend of $0.18 per share on the outstanding common stock of NewtekOne. The dividend is payable on July 21, 2023 to shareholders of record as of July 10, 2023. NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries, provides a wide range of business and financial solutions under the Newtek® brand to the small- and medium-sized business ("SMB") market. Since 1999, NewtekOne has provided state-of-the-art, cost-efficient products and ser
- NewtekOne, Inc. CEO, Barry Sloane, Comments on the Declaration of the Quarterly Dividend of $0.18 per ShareBOCA RATON, Fla., June 27, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT), today announced that its Board of Directors declared a quarterly cash dividend of $0.18 per share on the outstanding shares of the Company's common stock, payable on July 21, 2023 to shareholders of record as of July 10, 2023. Barry Sloane, Chairman, President and Chief Executive Officer, said, "We are pleased to report that the board has declared a dividend of $0.18 per share to be paid out of anticipated earnings from the second quarter 2023 as NewtekOne has continued to perform as a financial holding company. We look forward to reporting our second quarter 2023 financial results in early
- Newtek Receives Approval From the OCC to Acquire National Bank of New York CityBOCA RATON, Fla., Dec. 01, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (NASDAQ:NEWT) ("Newtek") today announced that it has received conditional approval from Office of the Comptroller of the Currency ("OCC") to complete its acquisition of the National Bank of New York City ("NBNYC" and the "Acquisition"). Newtek announced last week that it received approval from the Federal Reserve to become a bank holding company and a financial holding company by acquiring NBNYC. Newtek expects the Acquisition to close in January 2023, subject to completion or waiver of the remaining closing conditions. Upon the close of the Acquisition, NBNYC will be renamed Newtek BankTM, National Associat
- Newtek Business Services Corp. Declares a Fourth Quarter 2022 Distribution of $0.70 per ShareBOCA RATON, Fla., Nov. 17, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that its Board of Directors declared a fourth quarter 2022 cash distribution of $0.70 per share1, payable on December 30, 2022 to shareholders of record as of December 20, 2022. 1Note regarding Dividend Payments: The Company's Board of Directors expects to maintain a dividend policy with the objective of distributing 90 – 100% of the Company's 2022 taxable income. This distribution includes a spillover dividend of the Company's retained earnings. The determination of the tax attributes of the Company's distributi
- Newtek Business Services Corp. Forecasts Fourth Quarter 2022 Distribution of $0.70 per ShareBOCA RATON, Fla., Sept. 28, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), an internally managed business development company ("BDC"), announced today it is forecasting a fourth quarter 2022 cash distribution of $0.70 per share.1 In anticipation of the Company converting from a BDC and discontinuing its election to be regulated under the Investment Company Act of 1940 ("1940 Act"), subject to regulatory approvals of its pending acquisition of National Bank of New York City ("NBNYC") and other conditions described in the Company's proxy statement filed with the SEC on May 2, 2022, after which the Company will no longer qualify as a regulated investment company ("RIC
- Newtek Business Services Corp. Declares Third Quarter 2022 Dividend of $0.65 per ShareBOCA RATON, Fla., Aug. 30, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that its Board of Directors declared a third quarter 2022 cash dividend of $0.65 per share.1 The third quarter 2022 dividend is payable on September 30, 2022 to shareholders of record as of September 20, 2022. 1Note regarding Dividend Payments: The Company's Board of Directors expects to maintain a dividend policy with the objective of making quarterly distributions in an amount that approximates 90 - 100% of the Company's annual taxable income. The determination of the tax attributes of the Company's distributions i
- Newtek Business Services Corp.'s CEO, Barry Sloane, Comments on the Declaration of Newtek's Third Quarter 2022 Dividend of $0.65 per ShareBOCA RATON, Fla., Aug. 30, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), an internally managed business development company ("BDC"), provides Newtek CEO's, Barry Sloane, comments on the declaration of Newtek's third quarter 2022 cash dividend of $0.65 per share.1 Barry Sloane, President, Chairman and CEO commented, "We are pleased to announce the declaration of our third quarter dividend of $0.65 per share, which is payable on September 30, 2022 to shareholders of record as of September 20, 2022. With a little over four months remaining in 2022, we remain confident in our previously forecasted full year 2022 dividend guidance in the range of $2.40 per share t
- Newtek Business Services Corp. Forecasts Paying a Second Half of 2022 Dividend in a Range of $1.00 to $1.50 per ShareBOCA RATON, Fla., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that it is forecasting paying a third and fourth quarter 2022 total dividend in a range of $1.00 per share to $1.50 per share1, which dividends are expected to be paid by December 31, 2022, subject to approval by the Company's Board of Directors. Newtek has paid a total of $1.40 per share in dividends year to date through June 30, 2022, and is currently forecasting a full year 2022 dividend of between $2.40 per share and $2.90 per share. Barry Sloane, Chairman, President and Chief Executive Officer said, "On August 2
- Newtek Business Services Corp. Declares Second Quarter 2022 Dividend of $0.75 per ShareBOCA RATON, Fla., April 20, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that its Board of Directors declared a second quarter 2022 cash dividend of $0.75 per share.1 The second quarter 2022 dividend is payable on June 30, 2022 to shareholders of record as of June 20, 2022. 1Note regarding Dividend Payments: The Company's Board of Directors expects to maintain a dividend policy with the objective of making quarterly distributions in an amount that approximates 90 - 100% of the Company's annual taxable income. The determination of the tax attributes of the Company's distributions is m
- Newtek Business Services Corp. Raises Forecast for Second Quarter 2022 Dividend by 15.4% to $0.75 per Share from Previous Forecast of $0.65 per ShareBOCA RATON, Fla., March 08, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that it has raised its forecast for its second quarter 2022 cash dividend by 15.4% to $0.75 per share from its previous forecast of $0.65 per share.1 The Company previously declared a first quarter 2022 dividend of $0.65 per share, which is payable on March 31, 2022 to shareholders of record on March 21, 2022. Barry Sloane, President, Chairman and CEO commented, "Based upon the underlying metrics and trends that we have experienced in our core business lines, we are confident about the increase in our forecast of ou
- Newtek Business Services Corp. Forecasts Second Quarter 2022 Dividend of $0.65 per ShareBOCA RATON, Fla., Feb. 11, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced its forecast for its second quarter 2022 cash dividend of $0.65 per share.1 The Company previously declared a first quarter 2022 dividend of $0.65 per share, which is payable on March 31, 2022 to shareholders of record on March 21, 2022. Barry Sloane, President, Chairman and CEO commented, "We are pleased to forecast a second quarter 2022 dividend of $0.65 per share. We could not be more pleased with how we finished off calendar year 2021. As we work our way through the first quarter of 2022, momentum and traction fr
- Newtek Business Services Corp.'s CEO, Barry Sloane, Comments on the Declaration of Newtek's First Quarter 2022 Dividend of $0.65 per ShareBOCA RATON, Fla., Dec. 20, 2021 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), an internally managed business development company ("BDC"), provides Newtek CEO's, Barry Sloane, comments on the declaration of Newtek's first quarter 2022 cash dividend of $0.65 per share.1 Barry Sloane, President, Chairman and CEO commented, "We are pleased that Newtek's Board of Directors declared a first quarter 2022 dividend of $0.65 per share,1 which is in line with management's previous forecast, and represents a 30.0% increase over the first quarter 2021 dividend and a 47.7% increase over the first quarter 2020 dividend, both of which were affected by the pandemic and the Paycheck P
- Newtek Business Services Corp. Declares First Quarter 2022 Dividend of $0.65 per ShareBOCA RATON, Fla., Dec. 20, 2021 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that its Board of Directors declared a first quarter 2022 cash dividend of $0.65 per share.1 The first quarter 2022 dividend is payable on March 31, 2022 to shareholders of record as of March 21, 2022. The payment of the first quarter 2022 dividend would represent a 30% increase over the first quarter 2021 dividend of $0.50 per share, and a 47.7% increase over the first quarter 2020 dividend of $0.44 per share, 1Note regarding Dividend Payments: The Company's Board of Directors expects to maintain a dividend policy
- Newtek Closes its 11th S&P-Rated Loan Securitization with the Sale of $103.4 Million of SBA 7(a) Unguaranteed Loan-Backed Notes Series 2021-1BOCA RATON, Fla., Dec. 09, 2021 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that it has closed its eleventh small business loan securitization, with the sale of $103,430,000 of Unguaranteed SBA 7(a) Loan-Backed Notes, Series 2021-1, consisting of $79,680,000 of Class A Notes and $23,750,000 Class B Notes (collectively, the "Notes"), rated "A" and "BBB-", respectively, by S&P Global, Inc. ("S&P"). The Notes had an 82.50% advance rate, and were priced at an average initial yield of approximately 2.02% (Note interest rates are floating rate and adjust monthly), which is equivalent to a spread of
- Newtek Business Services Corp. Declares Fourth Quarter 2021 Dividend of $1.05 per ShareBOCA RATON, Fla., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that its Board of Directors declared a fourth quarter 2021 cash dividend of $1.051 per share. The fourth quarter 2021 dividend is payable on December 30, 2021 to shareholders of record as of December 20, 2021. The payment of the fourth quarter 2021 dividend would represent a 123.4% increase over the fourth quarter 2020 dividend of $0.47 per share. With the payment of the fourth quarter 2021 dividend, the Company will have paid $3.15 per share in dividends in 2021, in line with the Company's previously stated 2021 divi
- Newtek Business Services Corp. Forecasts Full Year 2021 Net Investment Income of $0.80 per Share and Adjusted Net Investment Income of $3.40 per ShareForecasts First Quarter 2022 Dividend of $0.65 per Share Reaffirms Annual 2021 Dividend Forecast of $3.15 per Share BOCA RATON, Fla., Sept. 29, 2021 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (the "Company"), (NASDAQ:NEWT), an internally managed business development company ("BDC"), today provided forecasts for its net investment income ("NII") and adjusted net investment income ("ANII") for the full year 2021, as well as for its first quarter 2022 dividend. The Company forecasts full year 2021 NII of $0.80 per share and ANII of $3.401 per share for 2021. In addition, the Company forecasts a first quarter 2022 dividend of $0.652 per share. The Company also reaffirmed its ann
- Newtek Business Services Corp. Declares Third Quarter 2021 Dividend of $0.90 per ShareBOCA RATON, Fla., Aug. 10, 2021 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that its Board of Directors declared a third quarter 2021 cash dividend of $0.901 per share. The third quarter 2021 dividend is payable on September 30, 2021 to shareholders of record as of September 20, 2021. The payment of the third quarter 2021 dividend would represent a 55.2% increase over the third quarter 2020 dividend of $0.58 per share. With the payment of the third quarter 2021 dividend, the Company will have paid $2.10 per share in dividends for the first three quarters of 2021, which would represent a 32.9%
- Newtek Business Services Corp. Releases Addendum to its Investor Presentation Dated August 3, 2021BOCA RATON, Fla., Aug. 05, 2021 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that the Company released an addendum to its August 3, 2021 Presentation, that was issued in connection with the Company's announcement, on August 2, 2021, that it had entered into a definitive stock purchase agreement with National Bank of New York City ("NBNYC") and certain NBNYC shareholders to acquire all of the issued and outstanding stock of NBNYC. The Addendum includes updated financial information and projections, and should be read together with the August 3, 2021 Presentation. The Addendum can be found throu
- Newtek Business Services Corp. Declares Second Quarter 2021 Dividend of $0.70 per ShareBOCA RATON, Fla., May 11, 2021 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that its Board of Directors declared a second quarter 2021 cash dividend of $0.701 per share. The second quarter 2021 dividend is payable on June 30, 2021 to shareholders of record as of June 15, 2021. The payment of the second quarter 2021 dividend would represent a 25% increase over the second quarter 2020 dividend of $0.56 per share, and a 52.2% increase over the second quarter 2019 dividend of $0.46 per share. Note regarding Dividend Payments: The Company's Board of Directors expects to maintain a dividend
- Newtek Business Lending, LLC Closes $100 Million Credit Facility with Deutsche Bank AGBOCA RATON, Fla., March 22, 2021 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (Nasdaq: NEWT), an internally managed business development company (“BDC”), today announced that Newtek Business Lending, LLC (“NBL”), Newtek’s portfolio company that originates and funds SBA 504 loans, closed a $100 million credit facility with Deutsche Bank AG. The facility will be used to fund SBA 504 loans and has an initial two-year term. Barry Sloane, Chairman, President and Chief Executive Officer said, “We greatly appreciate the opportunity for NBL to close this financing facility with Deutsche Bank. Combining this facility with NBL’s existing $75 million credit facility with Capital One Bank wil
- Newtek Business Services Corp. Increases its 2021 Annual Dividend Forecast to a Range of $2.40 to $2.90 per ShareBOCA RATON, Fla., March 22, 2021 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (Nasdaq: NEWT), an internally managed business development company (“BDC”), today announced that it is increasing its 2021 annual dividend forecast to a range of $2.40 to $2.901 per share, from the previous 2021 annual dividend forecast range of $2.00 to $2.50 per share. The midpoint of the 2021 annual dividend forecast range would represent an approximate 29% increase over the 2020 annual dividend. Barry Sloane, Chairman, President and Chief Executive Officer said, “After what had been an unprecedented year, and one of the most challenging in our 23-year operating history, I am pleased to say that w
- Newtek Business Services Corp.’s CEO, Barry Sloane, Comments on the Declaration of Newtek’s First Quarter 2021 Dividend of $0.50 per ShareBOCA RATON, Fla., Feb. 23, 2021 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ: NEWT), an internally managed business development company (“BDC”), provides Newtek CEO’s, Barry Sloane, comments on the declaration of Newtek’s first quarter 2021 cash dividend of $0.501 per share. Barry Sloane, President, Chairman and CEO commented, “We are pleased to report that our board has declared a first quarter 2021 dividend of $0.50 per share, payable on March 31, 2021 to our shareholders of record as of March 22, 2021. This dividend would represent a 13.6% increase over our first quarter 2020 dividend, which was impacted by the pandemic, and a 25% increase over our first quarter 20
- Newtek Business Services Corp. Declares First Quarter 2021 Dividend of $0.50 per ShareBOCA RATON, Fla., Feb. 23, 2021 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ: NEWT), an internally managed business development company (“BDC”), today announced that its Board of Directors declared a first quarter 2021 cash dividend of $0.501 per share. The first quarter 2021 dividend is payable on March 31, 2021 to shareholders of record as of March 22, 2021. The payment of the first quarter 2021 dividend would represent a 13.6% increase over the first quarter 2020 dividend of $0.44 per share, and a 25% increase over the first quarter 2019 dividend of $0.40 per share. Note regarding Dividend Payments: The Company's Board of Directors expects to maintain a divid