NewtekOne Dividend
Dividend criteria checks 3/6
NewtekOne is a dividend paying company with a current yield of 6.45% that is well covered by earnings.
Key information
6.5%
Dividend yield
38%
Payout ratio
| Industry average yield | 1.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$1.86 |
| Dividend yield forecast in 3Y | 6.7% |
Recent dividend updates
Recent updates
NewtekOne: Full Steam Ahead
Mar 10Newtek: A Logical Capital Return Framework Would Make Shares Attractive
Sep 25Newtek Business cuts dividend by 13% to $0.65
Aug 30Newtek prices $116.2M of SBA 7(a) unguaranteed loan-backed notes series 2022-1
Aug 24Newtek Business forecasts to pay $1.00-$1.50/share dividend in 2H22
Aug 03The Curious Case Of Newtek Business Services
Jun 24Newtek: 3 Reasons We Are Upgrading This Today
Apr 12Newtek Business Services Corp.: BDC To BHC - A Wait And See Prospect
Feb 11Newtek Firing On All Cylinders
Jan 06Should You Be Adding Newtek Business Services (NASDAQ:NEWT) To Your Watchlist Today?
Nov 17
Newtek: A Good Point To Exit
Oct 22Blazing BDC To Boring Bank? The Newtek Controversy Explained
Aug 29Newtek Business Services (NASDAQ:NEWT) Will Pay A Larger Dividend Than Last Year At US$0.90
Aug 28Newtek Business Services (NASDAQ:NEWT) Is Paying Out A Larger Dividend Than Last Year
Aug 14Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NEWT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NEWT has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| NewtekOne Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NEWT) | 6.5% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Diversified Financial) | 1.0% |
| Analyst forecast in 3 Years (NEWT) | 6.7% |
Notable Dividend: NEWT's dividend (6.45%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: NEWT's dividend (6.45%) is in the top 25% of dividend payers in the US market (4.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.1%), NEWT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NEWT is paying a dividend but the company has no free cash flows.