Core Insights - NewtekOne (NEWT) has experienced a significant decline this year, leading to a record high dividend yield and trading at a substantial discount to its tangible book value (TBV) per share [1] Group 1: Company Performance - The dividend yield of NewtekOne has expanded to a record high due to its price dip [1] - NewtekOne is currently trading at a double discount to its tangible book value per share [1] Group 2: Market Context - The equity market serves as a powerful mechanism for wealth creation or destruction over the long term, influenced by daily price fluctuations [1] - Pacifica Yield focuses on long-term wealth creation by targeting undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms [1]
NewtekOne: 7.5% Dividend Yield And 10% Discount To Tangible Book Value