Newtek Business Services Corp. Declares Dividend for the Second Quarter 2021, Payable on June 30,2021; Revises Dividend Guidance for the Year 2021
May 11, 2021 at 04:10 pm EDT
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Newtek Business Services Corp. board of directors declared a second quarter 2021 cash dividend of $0.70 per share payable on June 30, 2021 to shareholders of record as of June 15, 2021. The Company revised its 2021 annual dividend forecast upwards to a range of $3.00 per share to $3.30 per share, an increase from the previous range of $2.40 per share to $2.90 per share. The midpoint of the 2021 annual dividend forecast range would represent a 53.7% increase over the 2020 annual dividend.
NewtekOne, Inc. (NewtekOne) is a financial holding company. The Company provides a range of business and financial solutions under the Newtek brand to the small and medium-sized business (SMB) market. NewtekOneâs business and financial solutions include complete lending solutions, account receivable lines of credit, small balance unsecured term loans, electronic payment processing and tablet-based payment, processing solutions, mobile payment processing solutions, payroll and benefit processing solutions, Web design and full e-commerce business solutions, health insurance and benefits, commercial/personal insurance, complete information technology (IT) solutions, and the cloud-based operating platform. The Companyâs registered trademarks include Newtek, NewtekOne, Newtek Bank, National Association, Your Business Solutions Company, and One Solution for All Your Business Needs. The Company serves approximately 50 states.
NEWTEKONE, INC. 
