Newtek Business Services Corp. (NASDAQ:NEWT) will begin trading ex-dividend on July 14, 2020. The quarterly dividend payment of $ 0.56 per share is scheduled to be paid on July 31, 2020. Shareholders who purchased NEWT prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
wpDataTable with provided ID not found!Click Here For More Historical Dividends Of Newtek Business Services Corp.
Recent Earnings Announcement
Newtek Business Services Corp. posted income for the first quarter of $ 0.21 per share, from the revenue of $ 15.80 million. The quarterly earnings shrunk 52.27 percent while revenues expanded 17.65 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.50 per share from $ 16.74 million in revenue. The bottom line results missed street analysts by $ 0.29 or 58 percent, at the same time, top line results fell short of analysts by $ 0.94 million or 5.62 percent.
Stock Performance
According to the previous trading day, closing price of NEWT was $ 18.00, representing a 137.15 % increase from the 52 week low of $ 7.59 and a 24.97 % decrease over the 52 week high of $ 23.99.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”NEWT” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
The company has a market capital of $ 376.23 million and is part of the Financial Services sector and Asset Management industry.
Newtek Business Services Corp. is a business development company specializing in providing financial and business services to the small-and medium-sized business market in the United States. The firm also seeks to invest in early stage businesses.
