NewtekOne declares $0.19 dividend on common stock

1 min read     Updated on 12 Jun 2026, 06:34 PM
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AI Summary

NewtekOne's Board declared a quarterly cash dividend of $0.19 per share on common stock and $21.25 per share on Series B preferred stock. Both dividends are payable on July 1, 2026, to shareholders of record as of June 24, 2026.

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NewtekOne, Inc. 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 July 1, 2026, to shareholders of record as of June 24, 2026.

The Board also declared a dividend on the company's outstanding 8.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B. The dividend is set at $21.25 per Preferred Share, or $0.53125 per depositary share, which is equivalent to 1/40th of the dividend on the Preferred Shares. This dividend is also payable on July 1, 2026, to holders of record as of June 24, 2026.

Dividend Details

Security Dividend Amount Record Date Payment Date
Common Stock $0.19 per share June 24, 2026 July 1, 2026
Series B Preferred Stock $21.25 per share June 24, 2026 July 1, 2026
Series B Depositary Share $0.53125 per share June 24, 2026 July 1, 2026

NewtekOne is a financial holding company that, along with its bank and non-bank consolidated subsidiaries, provides a range of business and financial solutions under the Newtek brand to independent business owners.

How will NewtekOne's current capital allocation strategy impact its ability to fund future growth initiatives?

Does the declaration of this dividend suggest confidence in the company's cash flow stability through 2026?

What are the expectations for future dividend increases given the current payout ratio?

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