Newtek Business Services (NEWT) Declares $0.47 Quarterly Dividend; 10.9% Yield

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Newtek Business Services Corp. Declares Cash Dividend of $0.47 per Share for the Second Quarter of 2015

June 15, 2015 9:42 AM EDT

NEW YORK, June 15, 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 $0.47 per share for the second quarter of 2015, an increase from the first quarter dividend of $0.39 per share. The dividend will be payable on July 15, 2015 to shareholders of record as of June 29, 2015. This dividend represents the Company's second dividend declaration since the Company's... More