Newtek Business Services Corp. Stock Dividends
NEWT pays dividends quarterly. Last paid amount was $0.190 at Apr 15, 2024. As of today, dividend yield (TTM) is 5.45%.
Dividend Yield Range
AI Analysis of NEWT
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 5.45% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 5.56% |
| Payout Ratio | 0 |
| Amount Per Share | $0.190 |
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Newtek Business Services Corp. has not yet announced its next dividend date. Last payment date was: Apr 15, 2024.
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NEWT Dividend Payout History
To ensure a understanding of NEWT's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 19, 2024 | Mar 28, 2024 | Apr 15, 2024 | $0.190 | 1.69% |
| 2 | Dec 28, 2023 | Dec 28, 2023 | Jan 12, 2024 | $0.180 | 1.41% |
| 3 | Sep 27, 2023 | Oct 06, 2023 | Oct 20, 2023 | $0.180 | 1.34% |
| 4 | Jun 27, 2023 | Jul 07, 2023 | Jul 21, 2023 | $0.180 | 1.00% |
| 5 | Feb 27, 2023 | Apr 03, 2023 | Apr 14, 2023 | $0.180 | 1.38% |
| 6 | Nov 17, 2022 | Dec 19, 2022 | Dec 30, 2022 | $0.700 | 4.31% |
| 7 | Aug 30, 2022 | Sep 19, 2022 | Sep 30, 2022 | $0.650 | 3.98% |
| 8 | Apr 20, 2022 | Jun 16, 2022 | Jun 30, 2022 | $0.750 | 3.96% |
| 9 | Dec 20, 2021 | Mar 18, 2022 | Mar 31, 2022 | $0.650 | 2.43% |
| 10 | Oct 20, 2021 | Dec 17, 2021 | Dec 30, 2021 | $1.05 | 3.83% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
NEWT Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from NEWT dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in NEWT stock here.
Comparing NEWT to Sector and Country
NEWT pays a solid dividend yield of 5.45%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.89%). NEWT’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.07%), which means that there are more attractive dividend stocks to consider.
NEWT Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Calamos Global Dynamic Income Fund | 401.507M | $0.0500 | 10.16% | 127.38% | |
| Newtek Business Services Corp. | 268.832M | $0.190 | 5.45% | 33.76% | |
| First Financial Corporation Indiana | 436.413M | $0.450 | 4.03% | 23.72% | |
| Peapack-Gladstone Financial Corporation | 404.591M | $0.0500 | 0.781% | 6.84% | |
| Luther Burbank Corporation | 466.805M | $0.120 | 0% | 17.07% |
