Newtek Business Services (NEWT) Declares $0.48 Quarterly Dividend; 8% Yield

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Go back to Newtek Business Services (NEWT) Declares $0.48 Quarterly Dividend; 8% Yield

Newtek Business Services Corp. Declares Third Quarter 2018 Dividend of $0.48 per Share

August 23, 2018 10:35 AM EDT

Reiterates 2018 Annual Dividend Guidance of $1.80 per share

LAKE SUCCESS, N.Y., Aug. 23, 2018 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (Newtek) (Nasdaq: NEWT), an internally managed business development company ("BDC"), today announced that its Board of Directors declared a third quarter 2018 cash dividend1 of $0.48 per share. The third quarter dividend is payable on September 28, 2018 to shareholders of record as of September 17, 2018.  Newtek also reiterated its 2018 annual cash dividend forecast of $1.80 per share. 

Barry Sloane, Chairman, Chief Executive Officer and President commented, We are very pleased to declare our... More