Saratoga Investment (SAR) Raises Quarterly Dividend 4.9% to $0.43; 9.9% Yield
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Saratoga Investment Corp. Announces Fiscal First Quarter 2017 Financial Results
July 13, 2016 4:12 PM EDTNEW YORK, July 13, 2016 /PRNewswire/ --Â Saratoga Investment Corp. (NYSE: SAR) ("Saratoga Investment" or "the Company"), a business development company, today announced financial results for its 2017 fiscal first quarter.
Summary Financial Information
For the quarter ended May 31, 2016, Saratoga Investment's assets under management ("AUM") was $264.4 million, an increase of 0.6% from $262.7 million as of May 31, 2015, and a decrease of 6.9% from $284.0 million as of February 29, 2016. This decrease from year-end reflects redemptions of $20.6 million during the quarter. Our portfolio remains strong, with no investments on a non-accrual status as of quarter-end and a... More
