Newtek Business Services (NEWT) Declares $0.44 Annual Dividend; 2.6% Yield
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Newtek Declares Third Quarter 2017 Dividend of $0.44 per Share
August 21, 2017 9:00 AM EDTLAKE SUCCESS, N.Y., Aug. 21, 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 third quarter 2017 cash dividend(1) of $0.44 per share, payable on September 29, 2017 to shareholders of record as of September 22, 2017. In addition, the Company increased its 2017 annual cash dividend forecast by $0.07 per share, to $1.64(2) per share, which represents an approximate 7.2% increase over the 2016 annual cash dividend of $1.53 per share and an approximate 4.5% increase over the Companys previous 2017 annual dividend forecast of $1.57 per... More
