4.08.2023

March was good after all

Right now, NewtekOne, Inc. Common Stock (NEWT) is the gift that just keeps on giving, but not in a good way. Unlike previous years, when they had March as the payment month, NEWT, like the icing on the cake, has moved the payment date forward to April.

Given that we will hopefully sell off our entire holding in NEWT in 2023, I will not change my spreadsheet. The acquisitions we made in 2023 along with all the special and supplemental distributions for March mean that we will almost reach the original mark for March.

When we get the dividend from NEWT (March 14) there will be about $250 missing which can be considered good considering the loss.


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