Saratoga Investment (SAR) Raises Quarterly Dividend 2.5% to $0.41; 10.5% Yield
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Saratoga Investment Corp. Increases Quarterly Dividend to $0.41 per Share
March 31, 2016 4:59 PM EDTNEW YORK, March 31, 2016 /PRNewswire/ --Â Saratoga Investment Corp. (NYSE: SAR) ("Saratoga Investment" or "the Company"), a business development company, today announced that its Board of Directors has declared a quarterly dividend of $0.41 per share for the fiscal quarter ended February 29, 2016, payable on April 27, 2016 to all stockholders of record at the close of business on April 15, 2016. Shareholders will have the option to receive payment of the dividend in cash, or receive shares of common stock pursuant to the Company's dividend reinvestment plan.
The Company also further exercised its share repurchase... More
