NewtekOne Declares Quarterly Dividends on Common and Preferred Stock
Summary
NewtekOne declared quarterly cash dividends for its common stock and Series B preferred shares, signaling financial stability and a commitment to shareholder returns following strong 2025 results.
Key Events
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Common Stock Dividend Declared
The Board of Directors declared a quarterly cash dividend of $0.19 per share on common stock, payable April 1, 2026, to shareholders of record as of March 24, 2026.
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Preferred Stock Dividend Declared
A dividend of $21.25 per Series B Preferred Share ($0.53125 per depositary share) was declared, payable April 1, 2026, to holders of record as of March 24, 2026.
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Follows Strong Financial Performance
This dividend declaration comes shortly after the company reported a significant increase in net income and EPS for 2025 in its 10-K filing on March 10, 2026.
Analysis
This 8-K announces the declaration of quarterly cash dividends for both common and Series B preferred stock. The common stock dividend of $0.19 per share, following the strong 2025 financial results reported on March 10, 2026, reinforces the company's commitment to returning capital to shareholders and signals continued financial health. The declaration of dividends on preferred shares further demonstrates stability.
At the time of this filing, NEWT was trading at $11.78 on NASDAQ in the Finance sector, with a market capitalization of approximately $339.6M. The 52-week trading range was $9.12 to $14.91. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.