Newtek Business Services (NASDAQ: NEWT)Retirement investments come in many different shapes and sizes. Dividend stocks are among the best for income during your retirement years. Finding the right fits for your portfolio should be high on your list. Newtek Business Services (NEWT) is worth a look.

Newtek Business Services (NASDAQ: NEWT) closed at $18.01 yesterday on volume of 50,000 shares which is near the day average of 60,000 shares. It traded in a range between $17.97  and $18.28.

Nothing inspiring to be sure, but take a look at this.

Newtek Business Services (NASDAQ: NEWT) has surged by 37.02% over the past year, outperforming the rise in the S&P 500 Index during the same period. Net income increased by 619.1% when compared to the same quarter one year prior, rising from $1.39 million to $10.00 million.

Newtek Business Services (NASDAQ: NEWT) shares currently have a dividend yield of 10.30%.

In June Newtek Business Services (NASDAQ: NEWT) announced that its board of directors declared a cash dividend(1) of $0.47 per share for the second quarter of 2015, an increase from the first quarter dividend of $0.39 per share. The dividend will be payable on July 15, 2015 to shareholders of record as of June 29, 2015.

More importantly, for those who missed that dividend, Newtek Business Services (NASDAQ: NEWT) expects to pay an annual cash dividend of approximately $1.82 per share for 2015.

About  Newtek Business Services (NASDAQ: NEWT)

Newtek Business Services Corp., The Small Business Authority®, is an internally managed BDC, which along with its controlled portfolio companies, provides a wide range of business services and financial products under the Newtek® brand to the small- and medium-sized business (“SMB”) market.

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