Saratoga Investment (SAR) Raises Quarterly Dividend 1.9% to $0.54; 9.3% Yield
Get Alerts SAR Hot Sheet
Join SI Premium – FREE
Saratoga Investment (NYSE: SAR) declared a quarterly dividend of $0.54 per share, or $2.16 annualized. This is a 1.9% increase from the prior dividend of $0.53.
The dividend will be payable on March 28, 2019, to stockholders of record on March 14, 2019, with an ex-dividend date of March 13, 2019.
The annual yield on the dividend is 9.3 percent.
“The increased size and continued high quality of our asset base over time has enabled us to generate strong investment income and increased net asset value,” said Christian L. Oberbeck, Chairman and Chief Executive Officer of Saratoga Investment. “Our ability to increase our dividend payment for more than four straight years sets us strongly apart from our BDC competition and underscores the value of our high quality management team, ample available liquidity, disciplined credit analysis and robust investment sourcing pipeline.”
For a dividend history and other dividend-related data on Saratoga Investment (SAR) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Amalgamated Financial (AMAL) Raises Quarterly Dividend 50% to $0.15; 2.6% Yield
- Bread Financial Holdings, Inc. (BFH) Declares $0.21 Quarterly Dividend; 2.4% Yield
Create E-mail Alert Related Categories
Corporate News, Dividend Hike, Dividends, Management CommentsRelated Entities
DividendSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!