Newtek Business Services Corp. 5.50% Notes Due 2026 (NASDAQ:NEWTZ) Stock Price Down 0.5% – Should You Sell?

Newtek Business Services Corp. 5.50% Notes Due 2026 (NASDAQ:NEWTZ)’s share price dropped 0.5% during trading on Monday . The stock traded as low as $24.75 and last traded at $24.75. Approximately 1,776 shares traded hands during trading, a decline of 57% from the average daily volume of 4,132 shares. The stock had previously closed at $24.88.

Newtek Business Services Corp. 5.50% Notes Due 2026 Stock Performance

The business’s 50-day simple moving average is $24.75 and its 200 day simple moving average is $24.63.

Newtek Business Services Corp. 5.50% Notes Due 2026 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th were given a $0.3438 dividend. The ex-dividend date was Wednesday, January 15th. This represents a $1.38 dividend on an annualized basis and a yield of 5.57%.

About Newtek Business Services Corp. 5.50% Notes Due 2026

newtek business services corp. has been in business since 1998, servicing over 100,000 business accounts in all 50 states. newtek aims to provide real-time, state-of-the-art content and business services in order to become the definitive destination for business owners across the united states. we are: a credible business partner with over $100 million of stockholders equity, over $160 million in revenues and over 100,000 business accounts we have operated as a publicly traded company for over eleven years, currently under sarbanes-oxley regulation all of our corporate data, as well as your company data, is stored in our military-strength facility in arizona, which is both sas-70 type ii and pci compliant we have fully transparent financial statements which can be found online in our investor relations section, http://investor.newtekbusinessservices.com.