UPDATE: Newtek Business Services (NEWT) Raises Quarterly Dividend 5% to $0.421; 8.9% Yield
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Newtek Declares Second Quarter 2018 Dividend of $0.42 per Share
May 11, 2018 12:06 PM EDTLAKE SUCCESS, N.Y., May 11, 2018 (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 2018 cash dividend of $0.421 per share. The second quarter 2018 dividend is payable on June 29, 2018 to shareholders of record as of June 15, 2018. The Company also reiterated its 2018 annual cash dividend forecast of $1.701 per share, which would represent a 3.7% increase over the Companys 2017 annual dividend of $1.64 per share.Â
Barry Sloane, Chairman, President and Chief Executive Officer commented, We are pleased to... More
