Newtek Business Services (NEWT) Declares $0.50 Quarterly Dividend; 12.2% Yield
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October 1, 2015 9:01 AM EDT
NEW YORK, Oct. 1, 2015 /PRNewswire/ -- Newtek Business Services Corp. ("Newtek" or the "Company")  (NASDAQ: NEWT), an internally managed business development company ("BDC"), today announced that its board of directors declared its third quarterly cash dividend(1) of $0.50 per share (based on 10.3 million shares of Newtek Common Stock currently outstanding), payable on November 3, 2015 to shareholders of record as of October 22, 2015. This dividend represents the Company's third dividend declaration since the Company's conversion to a BDC on November... More
October 1, 2015 9:00 AM EDT
NEW YORK, Oct. 1, 2015 /PRNewswire/ --Â Newtek Business Services Corp. ("Newtek" or the "Company") (NASDAQ Global Market: NEWT), an internally managed business development company ("BDC"), today announced that its board of directors declared a one-time special dividend of approximately $34.0 million, or $3.29 per share (based on 10.3 million shares of Newtek Common Stock currently outstanding), payable on December 31, 2015 to Newtek shareholders of record as of November 18, 2015. Â Â The dividend will be... More
