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NewtekOne (NAS:NEWT) 3-Year Dividend Growth Rate

: 8.60% (As of Mar. 2023)
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NewtekOne's Dividends per Share for the three months ended in Mar. 2023 was $0.18.

The historical rank and industry rank for NewtekOne's 3-Year Dividend Growth Rate or its related term are showing as below:

NEWT' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.8   Med: 8.6   Max: 20.5
Current: 8.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NewtekOne was 20.50% per year. The lowest was 0.80% per year. And the median was 8.60% per year.

NEWT's 3-Year Dividend Growth Rate is ranked better than
60.6% of 868 companies
in the Banks industry
Industry Median: 5.90 vs NEWT: 8.60

During the past 12 months, NewtekOne's average Dividends Per Share Growth Rate was -30.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

NewtekOne's Dividend Payout Ratio for the three months ended in Mar. 2023 was 0.39. As of today, NewtekOne's Dividend Yield % is 17.25%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of NewtekOne Inc is 1.63, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Banks - Regional subindustry, NewtekOne's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

NewtekOne 3-Year Dividend Growth Rate Distribution

For the Banks industry and Financial Services sector, NewtekOne's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where NewtekOne's 3-Year Dividend Growth Rate falls in comparison to its industry or sector. The grey bar indicates the 3-Year Dividend Growth Rate's extreme value range as defined by GuruFocus.



NewtekOne 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


NewtekOne  (NAS:NEWT) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

NewtekOne's Dividend Payout Ratio for the quarter that ended in Mar. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2023 )/ EPS without NRI (Q: Mar. 2023 )
=0.18/ 0.46
=0.39

During the past 13 years, the highest Dividend Payout Ratio of NewtekOne was 2.05. The lowest was 0.53. And the median was 0.90.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of NewtekOne Inc is 1.63, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

NewtekOne Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1802023-04-032023-04-042023-04-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.7002022-12-192022-12-202022-12-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.6502022-09-192022-09-202022-09-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.7502022-06-162022-06-202022-06-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

NewtekOne's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.28/13.24
=17.22 %

Current Share Price is $13.24.
NewtekOne's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.28.

During the past 13 years, the highest Dividend Yield of NewtekOne was 24.10%. The lowest was 2.17%. And the median was 9.50%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NewtekOne 3-Year Dividend Growth Rate Related Terms>


NewtekOne (NAS:NEWT) Business Description

NewtekOne logo
Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NewtekOne Inc (NAS:NEWT) » Definitions » 3-Year Dividend Growth Rate
Traded in Other Exchanges
Address
4800 T Rex Avenue, Suite 120, Boca Raton, FL, USA, 33431
NewtekOne Inc, formerly Newtek Business Services Corp is a non-diversified closed-end management investment company. The firm's investment objective is to generate current income and capital appreciation. The company provides business solutions that are designed to help organizations to grow sales, reduce costs, and minimize risk. Its solutions include web design, domains, hosting, website security, and others.
Executives
Fernando Perez-hickman director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Halli Razon-feingold director 4800 T-REX AVENUE, SUITE 120, BOCA RATON FL 33019
Nicolas Young officer: Chief Risk Officer 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Nicholas J Leger officer: Chief Accounting Officer 348 ALFRED STREET, NORTH BABYLON NY 11703
Christopher Towers officer: Chief Accounting Officer 1981 MARCUS AVENUE, SUITE 130, LAKE SUCCESS NY 11042
Gregory L Zink director 1981 MARCUS AVENUE, SUITE 130, LAKE SUCCESS NY 11042
Nilesh Joshi officer: Chief Information Officer 5617 W. MOLLY LANE, PHOENIX AZ 85083
Dean Choksi officer: Treasurer 212 WEST 35TH STREET, FLOOR 2, NEW YORK NY 10001
John Raven officer: Chief Info. Security Officer
Richard J Salute director P O BOX 306, WOODBURY NY 11797
Michael Adam Schwartz officer: Chief Legal Officer, Secretary C/O NEWTEK BUSINESS SERVICES INC, 462 SEVENTH AVENUE, 14TH FLOOR, NEW YORK NY 10018
Barry Sloane director, officer: CEO and President
Peter Mathison Downs director 1440 PINEACRES BLVD, BAY SHORE NY 11706
Salvatore Francis Mulia director 4 WHITNEY STREET EXTENSION, WESTPORT CT 06880
Jennifer Catherine Eddelson officer: Principal Financial Officer 60 HEMPSTEAD AVENUE, 6TH FLOOR, WEST HEMPSTEAD NY 11552

NewtekOne (NAS:NEWT) Headlines

Other Sources

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