Newtek Business Services (NEWT) Declares $0.36 Annual Dividend; 2.2% Yield

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Go back to Newtek Business Services (NEWT) Declares $0.36 Annual Dividend; 2.2% Yield

Newtek Declares First Quarter Dividend of $0.36 Per Share

March 6, 2017 4:10 PM EST

LAKE SUCCESS, N.Y., March 06, 2017 (GLOBE NEWSWIRE) -- 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 a first quarter cash dividend(1) of $0.36 per share, payable on March 31, 2017 to shareholders of record as of March 20, 2017.  In addition, the Company reaffirms its forecast of paying an annual cash dividend of $1.57(2) per share in 2017.

Barry Sloane, Chairman, President and Chief Executive Officer commented, We are pleased to announce the Boards declaration of our first quarter 2017 cash dividend... More