NewtekOne: Dividend Insights
Portfolio Pulse from Benzinga Insights
NewtekOne (NASDAQ:NEWT) has announced a quarterly dividend of 18 cents per share, payable on July 21, 2023. The stock will go ex-dividend on Friday, meaning it will likely open 18 cents lower. Shareholders owning NEWT as of the end of Thursday's session are eligible for the dividend.
July 04, 2023 | 2:46 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
NewtekOne's announcement of a quarterly dividend of 18 cents per share may lead to a short-term decrease in the stock price as it goes ex-dividend.
When a stock goes ex-dividend, it typically trades lower to reflect the payout. In this case, NewtekOne's stock is expected to open 18 cents lower, which could lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100