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Newtek Business Services ups FY'18 dividend projection

Newtek Business Services Corp. changed its projection of its 2018 annual cash dividend to $1.72 per share, up from its previous projection of $1.70 per share.

This represents a 4.9% increase over its 2017 annual dividend of $1.64 per share.

The amount and timing of dividends, if any, remain subject to the board's discretion.