Newtek Business Services Corp. (NEWT) Dividend Details and dates on NASDAQ

Newtek Business Services Corp. Dividend Stock Review

NASDAQ

Newtek Business Services Corp. (NEWT) Dividend Details and dates on NASDAQ

Newtek Business Services Corp. Newtek Business Services Corp. is a non-diversified closed-end management investment company, which engages in the provision of business and financial solutions. Its products and services include business lending, electronic payment processing, managed technology solutions (cloud computing), technology consulting, ecommerce, accounts receivable, 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 businesses (SMB) accounts nationwide across all industries. The company was founded by Barry Sloane in 1998 and is headquartered in New York, NY.
Sector: Commercial Services Miscellaneous Commercial Services

Dividend income advisory for NEWT
Dividend Yield for NEWT
The expected yield for NEWT is 8.04 %, this hefty return can be healthy but only if Newtek Business Services Corp. is cheaply priced, and has a low debt to equity ratio and a nice profit per share.

How is NEWT priced
NEWT has a trailing price to earnings ratio (P/E) of 11.5. The ratio is determined by the performance in the last 12 months. The P/E ratio seems very good, however we should verify if there are no exceptional reasons for Newtek Business Services Corp. to record this P/E ratio.

Debt to equity of NEWT
With the Debt To Equity rate of NEWT (1.15) we can conclude that Newtek Business Services Corp. has more external liabilities than equity provided by shareholders. The company is leveraging it's investments with external cash. This can result in more returns but comes at a higher risk.

Price Prediction for NEWT
On average analists predict that NEWT will be correctly priced after a -5%. change. Analists are not bulling on the performance of NEWT

Upcoming Dividends for NEWT
Declared Ex Dividend Date Payment Date Record Date Amount Frequency
2019-05-01 2019-06-13 2019-06-28 2019-06-14 0.46 USD Quarterly


Dividends in past 12 months NEWT
Declared Ex Dividend Date Payment Date Record Date Amount Frequency
2019-02-15 2019-03-14 2019-03-29 2019-03-15 0.401 USD Quarterly
2018-10-29 2018-12-17 2018-12-28 2018-12-18 0.5 USD Quarterly
2018-08-23 2018-09-14 2018-09-28 2018-09-17 0.48 USD Quarterly
2018-05-11 2018-06-14 2018-06-29 2018-06-15 0.42 USD Quarterly


Historical Dividends & Cap Growth for NEWT
Past 5 Year Capital Gains 55.66 %
Dividend yield 76.04 %
Growth including dividends 131.7%
Latest news for NEWT

2019-05-07 Moving Average Crossover Alert: Newtek Business Services Newtek Business Services is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
Original Article @ Zacks Investment Research

2019-05-06 Newtek Business Services Corp. 2019 Q1 - Results - Earnings Call Slides No summary available.
Original Article @ Seeking Alpha

2019-05-02 Newtek Business Services Corp. (NEWT) CEO Barry Sloane on Q1 2019 Results - Earnings Call Transcript No summary available.
Original Article @ Seeking Alpha

2019-05-01 Newtek Business declares $0.46 dividend No summary available.
Original Article @ Seeking Alpha

2019-05-01 Newtek Business beats by $0.03, beats on total investment income Newtek Business (NEWT): Q1 Non-GAAP NII of $0.44 beats by $0.03; GAAP NII of -$0.05. Total investment income of $13.76M (+24.3% Y/Y) beats by $0.24M. Press
Original Article @ Seeking Alpha

2019-04-04 Newtek Business Services raises 2019 annual dividend forecast No summary available.
Original Article @ Seeking Alpha

2019-03-07 Newtek Business Services Inc. (NEWT) CEO Barry Sloane on Q4 2018 Results - Earnings Call Transcript No summary available.
Original Article @ Seeking Alpha

2019-03-07 Newtek Business Services Inc. 2018 Q4 - Results - Earnings Call Slides No summary available.
Original Article @ Seeking Alpha

2019-02-15 Newtek Business declares $0.40 dividend No summary available.
Original Article @ Seeking Alpha

Dividend Stats For NEWT

  • Current Dividend Yield 8.04%
  • Past Year Payout: 1.801 USD
  • Next Ex Dividend 2019-06-13
  • Next Payment: 0.46 USD
  • Our score 96 %

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