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Newtek Business Services (NASDAQ:NEWTL) Stock Price Up 0.8%

Defense World ·  Mar 28, 2023 14:54

Newtek Business Services Corp. (NASDAQ:NEWTL – Get Rating) rose 0.8% during mid-day trading on Monday . The company traded as high as $24.70 and last traded at $24.40. Approximately 1,190 shares traded hands during mid-day trading, a decline of 41% from the average daily volume of 2,006 shares. The stock had previously closed at $24.20.

Newtek Business Services Price Performance

The company's 50-day moving average price is $24.68.

Newtek Business Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 1st. Investors of record on Sunday, January 15th were given a $0.3594 dividend. The ex-dividend date was Thursday, January 12th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 5.89%.

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