Newtek Business Services (NEWT) Declares $0.35 Quarterly Dividend; 14.3% Yield

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Newtek Declares First Quarter Dividend of $0.35 Per Share

February 25, 2016 9:02 AM EST

NEW YORK, Feb. 25, 2016 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (NASDAQ: NEWT), an internally managed business development company (BDC), announced today that its board of directors declared a first quarter cash dividend(1) of approximately $5.1 million, or $0.35 per share (based on 14.5 million shares currently outstanding), payable on March 31, 2016 to shareholders of record as of March 22, 2016.  In addition, the... More