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Saratoga Investment (SAR) Raises Quarterly Dividend 2.2% to $0.46; 8.3% Yield

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Saratoga Investment Corp. Increases Quarterly Dividend to $0.46 per Share

February 28, 2017 7:00 AM EST

NEW YORK, Feb. 28, 2017 /PRNewswire/ -- Saratoga Investment Corp. (NYSE: SAR) ("Saratoga Investment" or "the Company"), a business development company, today announced that its Board of Directors has declared an increased quarterly dividend of $0.46 per share for the fiscal quarter ended February 28, 2017, payable on March 28, 2017 to all stockholders of record at the close of business on March 15, 2017.

This increase brings total dividends to $1.98 per share for the fiscal period ending February 28, 2017, representing four quarters' dividends and one special dividend.

"We are very pleased that our combination of assets... More