Newtek Business Services (NEWT) Raises Quarterly Dividend 2.6% to $0.39; 8.3% Yield

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Go back to Newtek Business Services (NEWT) Raises Quarterly Dividend 2.6% to $0.39; 8.3% Yield

Newtek Business Services Corp. Declares Cash Dividend of $0.39 per Share for the First Quarter of 2015

March 19, 2015 9:00 AM EDT

NEW YORK, March 19, 2015 /PRNewswire/ -- Newtek Business Services Corp., (NASDAQ: NEWT), an internally managed business development company ("BDC"), today announced that its board of directors declared a cash dividend(1) of $0.39 per share for the first quarter of 2015, an increase from the previously expected $0.38 per share announced on December 29, 2014.  The dividend will be payable on April 13, 2015 to shareholders of record as of March 30, 2015.  This dividend would represent the Company's first dividend... More