Saratoga Investment (SAR) Declares $0.20 Special Dividend; 1.2% Yield

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Saratoga Investment Corp. Announces a Special Dividend of $0.20 per Share

August 8, 2016 8:30 AM EDT

NEW YORK, Aug. 8, 2016 /PRNewswire/ -- Saratoga Investment Corp. (NYSE: SAR) ("Saratoga Investment" or "the Company"), a business development company, today announced that its Board of Directors has declared a special dividend of $0.20 per share, payable on September 5, 2016 to all stockholders of record at the close of business on August 24, 2016.  Shareholders 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 payment of this special dividend brings our fiscal year to date dividends to $1.04 per... More