Newtek Business Services (NEWT) Lowers Quarterly Dividend 20% to $0.4; 8.2% Yield
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Newtek Business Services Corp. Declares First Quarter 2019 Dividend of $0.40 per Share
February 15, 2019 12:34 PM ESTReiterates 2019 Annual Dividend Forecast of $1.84 per Share; a 2.2% Increase over the 2018 Annual Dividend of $1.80 per Share
LAKE SUCCESS, N.Y., Feb. 15, 2019 (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 first quarter 2019 cash dividend  of $0.401 per share. The first quarter dividend is payable March 29, 2019 to shareholders of record as of March 15, 2019. The Company also reiterated its 2019 annual cash dividend forecast of $1.841 per share, which would represent a 2.2% increase over the 2018 annual dividend of $1.80 per... More
