Saratoga Investment (SAR) Raises Quarterly Dividend 4.3% to $0.48; 9.4% Yield

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Saratoga Investment Corp. Increases Quarterly Dividend to $0.48 per Share

August 28, 2017 8:00 AM EDT

NEW YORK, Aug. 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 $0.48 per share for the fiscal quarter ended August 31, 2017, payable on September 26, 2017, to all stockholders of record at the close of business on September 15, 2017.

This increase is the twelfth sequential increase to the Company's quarterly dividends.  It has continued to pay quarterly dividends regularly throughout fiscal year 2018, including $0.46 per share for the quarter ended February 28, 2017, and $0.47 per share... More