NEWTI News and Press, Newtek Business Services Corp. 6.25% Notes Due 2023 From 02/08/21

REITs often issue new shares to grow. The impact to existing shareholders depends on the valuation management can get for issuing shares. When DX recently issued shares, it was a textbook example of reading the environment. New issuance should be common for the mortgage REITs trad...

Our largest position in the common shares of a mortgage REIT right now is CMO. We’re bullish on CMO and see the potential for shares to rally as they currently trade at an unusually large discount to book value. We’ve discussed CMO with readers before and we’v...

As predicted, IVR issues new shares. You can’t be surprised, we told you on 1/26/2021 that IVR should be looking to issue shares. Shares of IVR just closed at $4.01, which is about equal to management’s stated BV range for 1/31/2021 of $4.00 to $4.10. We remain beari...

NEWT was uniquely positioned to take advantage of the PPP programs in 2020. In 2021, NEWT will get a big boost from the new stimulus with more PPP programs, plus their core business will be back to full speed. The new stimulus in 2021 is set to be higher and more aggressive than i...

Today we're focusing in on preferred share opportunities. Specifically, we like CMO-E, CIM-A, TWO-D, and TWO-E among the fixed-rate opportunities. Each offers a solid yield and still has a modest discount to call value. In this series, we’re providing readers with discounts...

Some mortgage REITs are trading at significant premiums to book value per share. When that happens, issuing new shares is wise. One mortgage REIT already took advantage of favorable pricing to issue new shares. That’s intelligent and expected. IVR and MITT should be looking...

There are a few mistakes we’ve seen in analyzing mortgage REITs. These can stem from misconceptions about how they work. Investors who understand mortgage REITs better are putting themselves in a better position for investing. In this series, we’re providing readers ...

We share three of our top dividend picks in this report. We expect big things from these names in 2021. Some already have started their lift off to new highs, but we expect there is more room to go yet. For further details see: Top Dividend Picks To Carry Your Portfolio ...

Part 2 of this article compares ARCC’s recent dividend per share rates, yield percentages, and several other highly unique (and useful) dividend sustainability metrics to 14 BDC peers. This includes a comparative analysis of ARCC’s cumulative undistributed taxable income...

NEWT adapted to COVID-19 better than their peers. With a renewal of the PPP program, what already was looking to be a promising 2021 has gained a new tailwind. NEWT's variable dividend ensures that they always pay what they can afford. It also ensures that when they earn more, you...