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Actionable news in NEWT: Newtek Business Services Inc.,

Newtek Business Services Corp

The following excerpt is from the company's SEC filing.

Investor Relations

Contact: Jayne Cavuoto

Telephone: (212) 273-8179

Public Relations

Contact: Simrita Singh

Telephone: (212) 356-9566 /

Newtek Business Services Corp. Reaffirms Third Quarter Dividend of $0.50 Per Share

Company Issues Upward Revision of its Dividend Forecast for the Full Year of 2015

NEW YORK, October 15, 2015 - Newtek Business Services Corp. (“Newtek” or the “Company”) (NASDAQ: NEWT), an internally managed business development company (“BDC”), today announced that it has reaffirmed its third quarter dividend

of $0.50 per share (based on approximately 12.6 million shares of Newtek common stock currently outstanding, which includes the recently closed 2.3 million share equity offering). This dividend is payable on November 3, 2015 to all shareholders of record as of October 22, 2015, including those shareholders of record who purchased Newtek common stock in the recent equity offering.

In addition, the Company increased its forecast for its annual dividend for 2015, and currently expects to pay approximately $20.9 million, or $1.82

per share (based on the current outstanding share count of 12.6 million shares). This represents an approximate $2.3 million increase in the anticipated full year 2015 dividend payments compared to the previously issued full year 2015 dividend forecast of $18.6 million, or $1.82 per share (based on the 10.3 million shares outstanding at time of forecast). The Company anticipates an increase in its adjusted net investment income for 2015 from which the full year 2015 dividend is expected to be paid.