NewtekOne Declares $0.19 Common Dividend and $21.25 Series B Preferred Payout
NewtekOne declared a quarterly cash dividend of $0.19 per common share, payable April 1 to holders of record March 24. It also approved a $21.25 dividend per Series B preferred share (or $0.53125 per depositary share) with the same record and payment dates.
1. Common Stock Dividend
NewtekOne's Board of Directors approved a quarterly cash dividend of $0.19 per outstanding common share as part of its regular payout policy for shareholders.
2. Series B Preferred Dividend
The board also declared a dividend of $21.25 per 8.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Share, equivalent to $0.53125 per depositary share, reflecting the series B payout terms.
3. Payment and Record Dates
Both dividends are payable on April 1, 2026, to shareholders of record as of March 24, 2026, aligning the payment schedule for common and preferred shareholders.
4. Company Overview
NewtekOne is a financial holding company providing a range of business and financial solutions—including banking, lending, payment processing, and technology services—to independent businesses across all 50 states.