Newtek Business Services Corp. 5.50% Notes Due 2026 (NEWTZ) To Go Ex-Dividend on January 15th

Newtek Business Services Corp. 5.50% Notes Due 2026 (NASDAQ:NEWTZ) announced a quarterly dividend on Friday, January 1st. Shareholders of record on Thursday, January 15th will be given a dividend of 0.3438 per share on Sunday, February 1st. This represents a c) dividend on an annualized basis and a yield of 5.4%. The ex-dividend date is Thursday, January 15th.

Newtek Business Services Corp. 5.50% Notes Due 2026 Trading Up 0.1%

NEWTZ stock traded up $0.02 during mid-day trading on Tuesday, reaching $25.24. The company’s stock had a trading volume of 342 shares, compared to its average volume of 6,020. Newtek Business Services Corp. 5.50% Notes Due 2026 has a 12 month low of $24.41 and a 12 month high of $25.24. The business’s 50 day moving average price is $25.06 and its 200 day moving average price is $24.98.

Newtek Business Services Corp. 5.50% Notes Due 2026 Company Profile

Newtek Business Services Corp. is a diversified financial technology company and internally managed business development company (BDC) that offers a suite of integrated business services to small and mid-sized enterprises across the United States. Through its banking, lending, payment processing, payroll and human resources, and e-commerce solutions, Newtek seeks to streamline operations and improve efficiency for its clients. The company’s model combines traditional commercial lending with value-added services designed to support every stage of a business’s lifecycle, from startup through growth and maturity.

The 5.50% Notes due 2026, traded under the ticker NEWTZ on the NASDAQ, represent senior unsecured obligations of Newtek Business Services Corp.