Newtek Business Services Corp. 5.50% Notes Due 2026 (NASDAQ:NEWTZ) Stock Price Down 0.7% – Time to Sell?

Newtek Business Services Corp. 5.50% Notes Due 2026 (NASDAQ:NEWTZ) shares dropped 0.7% during mid-day trading on Tuesday . The stock traded as low as $24.53 and last traded at $24.53. Approximately 2,556 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 8,331 shares. The stock had previously closed at $24.71.

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

The business’s 50-day simple moving average is $24.61 and its 200 day simple moving average is $24.37.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th were paid a dividend of $0.3438 per share. The ex-dividend date of this dividend was Tuesday, October 15th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 5.54%.

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.