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NEWT Newtek Business Services Corp Dividend

Newtek Business Services's latest quarterly cash dividend of $1.05 per share was issued to shareholders on record before Dec 17, 2021. At an annualized rate of $3.15 per share, the stock yields 11.62%. The latest NEWT dividend of $1.05 is an increase from the previous $0.9 payout, representing a growth of 17%.

NEWT next dividend date: Mar 18, 2022

NEWT
DPS
$3.15
Dividend yield
11.62%
Payout ratio
87.5%
Financial Services sector
Dividend yield
2.37%
Payout ratio
32.3%

Dividend yield

NEWT has a dividend yield of 11.62% which is above the Financial Services sector and the industry average.

Dividend history

Newtek Business Services has been paying dividends consistently since 2015. Our records show that NEWT has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 54% for the last twelve months. And with the price of the stock up by 36% from a year ago, the dividend yield has increased by 13%.

Recent dividends

Declared on Ex-date Payment date Amount Type
Oct 20, 2021 Dec 17, 2021 Dec 30, 2021 $1.05 normal
Aug 10, 2021 Sep 17, 2021 Sep 30, 2021 $0.9 normal
May 11, 2021 Jun 14, 2021 Jun 30, 2021 $0.7 normal
Feb 23, 2021 Mar 19, 2021 Mar 31, 2021 $0.5 normal
Nov 11, 2020 Dec 17, 2020 Dec 30, 2020 $0.47 normal
Jul 20, 2020 Sep 18, 2020 Sep 30, 2020 $0.58 normal
Jun 12, 2020 Jul 14, 2020 Jul 31, 2020 $0.56 normal
Feb 5, 2020 Mar 17, 2020 Mar 29, 2020 $0.44 normal
Oct 10, 2019 Dec 13, 2019 Dec 30, 2019 $0.71 normal
Aug 21, 2019 Sep 19, 2019 Sep 30, 2019 $0.58 normal
May 1, 2019 Jun 13, 2019 Jun 28, 2019 $0.46 normal
Feb 15, 2019 Mar 14, 2019 Mar 29, 2019 $0.4 normal
Oct 29, 2018 Dec 17, 2018 Dec 28, 2018 $0.5 normal
Aug 23, 2018 Sep 14, 2018 Sep 28, 2018 $0.48 normal
May 11, 2018 Jun 14, 2018 Jun 29, 2018 $0.42 normal
Jan 18, 2018 Mar 19, 2018 Mar 30, 2018 $0.4 normal
Nov 9, 2017 Dec 15, 2017 Dec 28, 2017 $0.44 normal
Aug 21, 2017 Sep 21, 2017 Sep 29, 2017 $0.44 normal
May 4, 2017 May 26, 2017 Jun 30, 2017 $0.4 normal
Mar 6, 2017 Mar 16, 2017 Mar 31, 2017 $0.36 normal
Nov 16, 2016 Dec 13, 2016 Dec 30, 2016 $0.4 normal
Sep 7, 2016 Sep 16, 2016 Sep 30, 2016 $0.43 normal
Jun 9, 2016 Jun 16, 2016 Jun 30, 2016 $0.35 normal

Dividend payouts

Payout ratio

NEWT has a payout ratio of 87.5% which is higher than the Financial Services sector and the industry average.

Total amount of dividends paid per financial year (from cash flow)