Newtek Business Services (NEWT) Raises Quarterly Dividend 15.4% to $0.75; 11.5% Yield

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Newtek Business Services Corp. Raises Forecast for Second Quarter 2022 Dividend by 15.4% to $0.75 per Share from Previous Forecast of $0.65 per Share

March 8, 2022 9:10 AM EST

BOCA RATON, Fla., March 08, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ: NEWT), an internally managed business development company (BDC), today announced that it has raised its forecast for its second quarter 2022 cash dividend by 15.4% to $0.75 per share from its previous forecast of $0.65 per share.1 The Company previously declared a first quarter 2022 dividend of $0.65 per share, which is payable on March... More