Newtek Business Services Corp

Newtek Business Services Corp NEWT

Dividend Summary

The next Newtek Business Services Corp dividend will go ex in 2 months for 105c and will be paid in 2 months.
The previous Newtek Business Services Corp dividend was 90c and it went ex 1 month ago and it was paid 25 days ago.
There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 2.0.

Latest Dividends
Summary Previous dividend Next dividend
Status Paid Declared
Type Quarterly Quarterly
Per share 90c 105c
Declaration date 10 Aug 2021 (Tue) 20 Oct 2021 (Wed)
Ex-div date 17 Sep 2021 (Fri) 17 Dec 2021 (Fri)
Pay date 30 Sep 2021 (Thu) 30 Dec 2021 (Thu)

Enter the number of Newtek Business Services Corp shares you hold and we'll calculate your dividend payments:

Previous Payment
Next Payment
Forecast Accuracy
64%
Our premium tools have predicted Newtek Business Services Corp with 64% accuracy.
Dividend Yield Today
10.5%
The dividend yield is calculated by dividing the annual dividend payment by the prevailing share price
The table below shows the full dividend history for Newtek Business Services Corp
Status Type Decl. date Ex-div date Pay date Decl. Currency Forecast amount Decl. amount Accuracy
Forecast Quarterly 18 Oct 2023 15 Dec 2023 28 Dec 2023 USD Sign up
Forecast Quarterly 08 Aug 2023 15 Sep 2023 29 Sep 2023 USD Sign up
Forecast Quarterly 09 May 2023 12 Jun 2023 30 Jun 2023 USD Sign up
Forecast Quarterly 21 Feb 2023 17 Mar 2023 29 Mar 2023 USD Sign up
Forecast Quarterly 19 Oct 2022 16 Dec 2022 29 Dec 2022 USD Sign up
Forecast Quarterly 09 Aug 2022 16 Sep 2022 30 Sep 2022 USD Sign up
Forecast Quarterly 10 May 2022 13 Jun 2022 30 Jun 2022 USD Sign up
Forecast Quarterly 22 Feb 2022 18 Mar 2022 30 Mar 2022 USD Sign up
Declared Quarterly 20 Oct 2021 17 Dec 2021 30 Dec 2021 USD 55c 105c 😖
Paid Quarterly 10 Aug 2021 17 Sep 2021 30 Sep 2021 USD 60c 90c 😞
Paid Quarterly 11 May 2021 14 Jun 2021 30 Jun 2021 USD 56c 70c 😌
Paid Quarterly 23 Feb 2021 19 Mar 2021 31 Mar 2021 USD 44c 50c 😏
Paid Quarterly 11 Nov 2020 17 Dec 2020 30 Dec 2020 USD 47c
Paid Quarterly 20 Jul 2020 18 Sep 2020 30 Sep 2020 USD 58c
Paid Quarterly 12 Jun 2020 14 Jul 2020 31 Jul 2020 USD 56c
Paid Quarterly 05 Feb 2020 17 Mar 2020 29 Mar 2020 USD 44c
Paid Quarterly 10 Oct 2019 13 Dec 2019 30 Dec 2019 USD 71c
Paid Quarterly 21 Aug 2019 19 Sep 2019 30 Sep 2019 USD 58c
Paid Quarterly 01 May 2019 13 Jun 2019 28 Jun 2019 USD 46c
Paid Quarterly 15 Feb 2019 14 Mar 2019 29 Mar 2019 USD 40c
Paid Quarterly 29 Oct 2018 17 Dec 2018 28 Dec 2018 USD 50c
Paid Quarterly 23 Aug 2018 14 Sep 2018 28 Sep 2018 USD 48c
Paid Quarterly 11 May 2018 14 Jun 2018 29 Jun 2018 USD 42c
Paid Quarterly 18 Jan 2018 19 Mar 2018 30 Mar 2018 USD 40c
Paid Quarterly 09 Nov 2017 15 Dec 2017 28 Dec 2017 USD 44c
Paid Quarterly 21 Aug 2017 21 Sep 2017 29 Sep 2017 USD 44c
Paid Quarterly 04 May 2017 26 May 2017 30 Jun 2017 USD 40c
Paid Quarterly 06 Mar 2017 16 Mar 2017 31 Mar 2017 USD 36c
Paid Quarterly 16 Nov 2016 13 Dec 2016 30 Dec 2016 USD 40c
Paid Quarterly 07 Sep 2016 16 Sep 2016 30 Sep 2016 USD 43c
Paid Quarterly 09 Jun 2016 16 Jun 2016 30 Jun 2016 USD 35c
Paid Quarterly 24 Feb 2016 18 Mar 2016 31 Mar 2016 USD 35c
Paid Quarterly 16 Dec 2015 05 Jan 2016 19 Jan 2016 USD 40c
Paid Special 01 Oct 2015 16 Nov 2015 31 Dec 2015 USD 84c
Paid Quarterly 01 Oct 2015 20 Oct 2015 03 Nov 2015 USD 50c
Paid Quarterly 15 Jun 2015 25 Jun 2015 15 Jul 2015 USD 47c
Paid Quarterly 19 Mar 2015 26 Mar 2015 13 Apr 2015 USD 39c
Year Amount Change
2006 0.0c
2007 0.0c
0%
2008 0.0c
0%
2009 0.0c
0%
2010 0.0c
0%
2011 0.0c
0%
2012 0.0c
0%
2013 0.0c
0%
2014 0.0c
0%
2015 176.0c
100%
2016 153.0c
-13.1%
2017 164.0c
7.2%
2018 180.0c
9.8%
2019 215.0c
19.4%
2020 205.0c
-4.7%
2021 Sign Up Required
2022 Sign Up Required
2023 Sign Up Required

Newtek Business Services Corp Optimized Dividend Chart

The chart below shows the optimized dividends for this security over a rolling 12-month period.
Dividend Yield Today
10.5%
Optimized Yield
Sign Up Required
52 Week High
13.7% on 16 September 2021
52 Week Low
6.0% on 14 June 2021
Next Ex-Div-Date Countdown
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About Newtek Business Services Corp

Newtek Business Services Corp. is an internally managed non-diversified closed-end management investment company. The Company's investment objective is to generate both current income and capital appreciation primarily through loans originated by its small business finance platform and its equity investments in certain portfolio companies that it controls. The Company is a national non-bank lender that provides, together with its controlled portfolio companies, a range of business services and financial products under the Newtek brand to the small and medium-sized business (SMB) market. The Company issues debt and makes equity investments in portfolio companies in various industries. Its products and services include Business Lending including the United States Small Business Administration (SBA) 7(a) and 504 lending, Electronic Payment Processing, Managed Technology Solutions (Cloud Computing), Data Backup, and Payroll and Benefits Solutions to SMB accounts across all industries.

Sector
Financial Services
Country
United States
Share Price
$30.02 (yesterday's closing price)
Shares in Issue
22 million
Market Cap
$654mn
Dividend Cover
How many times is the dividend covered by company income. A cover of 1 means all income is paid out in dividends
2.0
CADI
The Consecutive Annual Dividend Increases - the number of years this company has been increasing its dividends
1
Market Indices
none
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