DIVIDEND ANNOUNCEMENT: Newtek Business Services Corp (NASDAQ:NEWT) on 11/11/2020 declared a dividend of $0.4700 per share

Newtek Business Services Corp (NASDAQ:NEWT) on 11/11/2020 declared a dividend of $ 0.4700 per share payable on December 30, 2020 to shareholders of record as of December 18, 2020. Dividend amount recorded is a decrease of $ 0.11 from last dividend Paid.

Newtek Business Services Corp (NASDAQ:NEWT) has paid dividends since 2009, has a current dividend yield of 11.7009124756% and has increased its dividends for 2 successive years.

Newtek Business Services Corp's market cap is $ 371,143,680 and has a PE ratio of 14.24. The stock price closed yesterday at $ 17.52 and has a 52 week low/high of $ 7.59 and $ 23.73.

Newtek Business Services is an internally managed business development company that is a national non-bank lender that provides business and financial solutions under the Newtek® brand. Co.'s products and services include: business lending including U.S. Small Business Administration 7(a) loans, 504 loans and conventional loans, electronic payment processing, managed technology solutions (cloud computing), technology consulting, eCommerce, accounts receivable and inventory financing, personal and commercial lines insurance services, web services, data backup, storage and retrieval, and payroll and benefits solutions to small-and-medium sized business accounts nationwide.

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