NEWTI DCA Calculator
Dollar Cost Averaging — NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028
Historical data shows that a consistent $500 monthly investment into NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NEWTI) starting in 2020 would have turned a total investment of $27K into $33K today. This represents a total return of 22.9% over the 6-year period, compounding through dividend reinvestment and market growth.
The Impact of Dividend Reinvestment (DRIP)
NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 pays a dividend (currently yielding ~0.04%). By utilizing a Dividend Reinvestment Plan (DRIP), generated dividends automatically purchase fractional shares. Over this 6-year period, regular dividend payments totaled $4K. Reinvesting these dividends continuously compounded your returns, accelerating the portfolio's growth far beyond simple price appreciation.
NEWTI vs. S&P 500 (SPY) Benchmark
When comparing this dollar cost averaging strategy against a broad market index,NEWTI underperformed the S&P 500 ETF (SPY). The same $500 monthly contributions into SPY would have grown to $37K, compared to NEWTI's $33K.