Newtek Business Services (NEWT) Declares $0.40 Annual Dividend; 2.4% Yield

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Go back to Newtek Business Services (NEWT) Declares $0.40 Annual Dividend; 2.4% Yield

Newtek Declares Second Quarter 2017 Dividend of $0.40 per Share

May 4, 2017 9:00 AM EDT

LAKE SUCCESS, N.Y., May 04, 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 second quarter 2017 cash dividend(1) of $0.40 per share, payable on June 30, 2017 to shareholders of record as of May 31, 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 second quarter 2017 cash dividend... More