Newtek Business Services (NEWT) Declares $0.48 Quarterly Dividend; 8% Yield

Newtek Business Services (NASDAQ: NEWT) declared a quarterly dividend of $0.48 per share, or $1.92 annualized.

The dividend will be payable on September 28, 2018, to stockholders of record on September 17, 2018, with an ex-dividend date of September 14, 2018.

The annual yield on the dividend is 8 percent.

Barry Sloane, Chairman, Chief Executive Officer and President commented, “We are very pleased to declare our third quarter 2018 dividend of $0.48 per share. Our business model is tracking well thus far in 2018, and we continue to feel confident with our execution of our business plan.”

For a dividend history and other dividend-related data on Newtek Business Services (NEWT) click here.

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