Newtek Business Services's latest cash dividend of $0.19 per share was issued to shareholders on record before Mar 24, 2026. At an annualized rate of $0.95 per share, the stock yields 6.72%.
NEWT has a dividend yield of 6.72% which is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.57%, Newtek Business Services's dividend yield is 161% higher. The historical 5-year average of NEWT's dividend yield is 9.8%, which is above the current yield.
Newtek Business Services has a dividend history dating as far as 2009, but consistently the company has been paying dividends for the last 11 consecutive years. Our records show that NEWT has distributed four dividends in the past year. The annualized dividend per share has increased by 25% for the last twelve months. However with the price of the stock up by 33% from a year ago, the dividend yield has decreased by 6%.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Mar 24, 2026 | $0.19 | 8.53% |
| Dec 22, 2025 | $0.19 | 6.53% |
| Oct 14, 2025 | $0.19 | 6.93% |
| Jul 9, 2025 | $0.19 | 6.44% |
| Apr 15, 2025 | $0.19 | 7.47% |
| Dec 31, 2024 | $0.19 | 5.95% |
| Oct 10, 2024 | $0.19 | 6.03% |
| Jul 9, 2024 | $0.19 | 5.93% |
| Mar 28, 2024 | $0.19 | 6.64% |
| Dec 28, 2023 | $0.18 | 5.1% |
| Oct 6, 2023 | $0.18 | 8.95% |
| Jul 7, 2023 | $0.18 | 10.3% |
| Apr 3, 2023 | $0.18 | 18.63% |
| Dec 19, 2022 | $0.7 | 16.58% |
| Sep 19, 2022 | $0.65 | 15.93% |
| Jun 16, 2022 | $0.75 | 17.37% |
| Mar 18, 2022 | $0.65 | 12.39% |
| Dec 17, 2021 | $1.05 | 11.57% |
| Sep 17, 2021 | $0.9 | 9.53% |
| Jun 14, 2021 | $0.7 | 7.53% |
| Mar 19, 2021 | $0.5 | 8.14% |
| Dec 17, 2020 | $0.47 | 11.16% |
| Sep 18, 2020 | $0.58 | 11.96% |
| Jul 14, 2020 | $0.56 | 13.18% |
| Mar 17, 2020 | $0.44 | 19.24% |
| Dec 13, 2019 | $0.71 | 9.43% |
| Sep 19, 2019 | $0.58 | 8.32% |
| Jun 13, 2019 | $0.46 | 8.17% |
| Mar 14, 2019 | $0.4 | 8.86% |
| Dec 17, 2018 | $0.5 | 10.41% |
| Sep 14, 2018 | $0.48 | 7.77% |
| Jun 14, 2018 | $0.42 | 8.77% |
| Mar 19, 2018 | $0.4 | 9.19% |
| Dec 15, 2017 | $0.44 | 8.64% |
| Sep 21, 2017 | $0.44 | 9.12% |
| May 26, 2017 | $0.4 | 11.45% |
| Mar 16, 2017 | $0.36 | 8.98% |
| Dec 13, 2016 | $0.4 | 12.38% |
| Sep 16, 2016 | $0.43 | 34.1% |
| Jun 16, 2016 | $0.35 | 35.02% |
| Mar 18, 2016 | $0.35 | 35.25% |
| Jan 5, 2016 | $0.4 | 31.83% |
| Nov 16, 2015 | $2.69 | 28.3% |
| Oct 20, 2015 | $0.5 | 7.69% |
| Jun 25, 2015 | $0.47 | 4.78% |
| Mar 26, 2015 | $0.39 | 2.13% |
NEWT has a payout ratio of 41.7% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 34%, Newtek Business Services's payout ratio is 23% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NEWT Newtek Business Services Corp | 6.72% | $0.95 | 41.7% |
| ARES Ares Management Corp | 4.09% | $4.94 | 230.8% |
| JPM Jpmorgan Chase & Co | 1.77% | $5.9 | 28.2% |
| RMAX RE/MAX Holdings Inc | N/A | N/A | N/A |
Yes, Newtek Business Services has paid four dividends in the last twelve months. NEWT has been paying dividends since 2015.
Newtek Business Services's last regular dividend was on Mar 24, 2026 (ex-date) with the amount of $0.19 per share.
On an annual basis NEWT pays $0.95 per share.
Newtek Business Services's current dividend yield is 6.72%.
The dividend payout ratio of Newtek Business Services is 41.7%.
Newtek Business Services's dividend yield is above the Financial Services sector average.
Special dividends are included in TTM DPS and yield.