NewtekOne, Inc. NEWT

$NEWT the article in news feed states that on August 3, 2022 ….Newt Pres states expected dividend is $1.00-1.50 range payable December 2. That would bring full year dividend to around $2.40.

NEWT: what do insiders or best guess for dividends paying in 2022? Anyone look into what it might be?

I stand by my previous price action below.

Better cover your short positions. This bank move will create high dividend along with becoming a growth stock. Best of both worlds. Sweet!

Way oversold. Will be close to 28 tomorrow and then back close to 30 in next 5-7 days. 36 by EOY.

With NEWT stating they still will payout 90-100% of their profit, and assuming they intend to grow profits every year ( like most other businesses), then I don’t see how the payout shrinks. I see it becoming solidified and growing. Im quite sure this move isnt being made to reduce profits!

Did I read this correct…. .90 per share dividend in September?

Dividend investors worst nightmare.