Ex-Div Reminder for Newtek Business Services (NEWT)

Looking at the universe of stocks we cover at Dividend Channel, on 6/25/15, Newtek Business Services Corp (NEWT) will trade ex-dividend, for its quarterly dividend of $0.47, payable on 7/15/15. As a percentage of NEWT's recent stock price of $18.25, this dividend works out to approximately 2.58%, so look for shares of Newtek Business Services Corp to trade 2.58% lower — all else being equal — when NEWT shares open for trading on 6/25/15.

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Below is a dividend history chart for NEWT, showing historical dividends prior to the most recent $0.47 declared by Newtek Business Services Corp:

NEWT+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NEWT is likely to continue, and whether the current estimated yield of 10.30% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NEWT shares, versus its 200 day moving average:

Newtek Business Services Corp 200 Day Moving Average Chart

Looking at the chart above, NEWT's low point in its 52 week range is $11.30 per share, with $19.95 as the 52 week high point — that compares with a last trade of $18.25.

In Tuesday trading, Newtek Business Services Corp shares are currently off about 0.3% on the day.

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