Newtek Business Services Corp. 5.50% Notes Due 2026 (NASDAQ:NEWTZ) Trading Down 0.7% – Should You Sell?

Newtek Business Services Corp. 5.50% Notes Due 2026 (NASDAQ:NEWTZ) dropped 0.7% during trading on Tuesday . The stock traded as low as $24.53 and last traded at $24.53. Approximately 2,556 shares traded hands 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 Down 0.7 %

The firm’s 50 day moving average is $24.60 and its two-hundred day moving average is $24.36.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th were given a $0.3438 dividend. This represents a $1.38 dividend on an annualized basis and a dividend yield of 5.60%. The ex-dividend date was Tuesday, October 15th.

Newtek Business Services Corp. 5.50% Notes Due 2026 Company Profile

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.