Saratoga Investment (SAR) Raises Quarterly Dividend 2% to $0.50; 9.8% Yield

Go back to Saratoga Investment (SAR) Raises Quarterly Dividend 2% to $0.50; 9.8% Yield

Saratoga Investment Corp. Increases Quarterly Dividend to $0.50 per Share

February 26, 2018 8:00 AM EST

NEW YORK, Feb. 26, 2018 /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 $0.50 per share for the fiscal quarter ended February 28, 2018, payable on March 26, 2018, to all stockholders of record at the close of business on March 14, 2018.

This increase is the fourteenth sequential increase to the Company's quarterly dividends.  The Company has continued to pay quarterly dividends regularly throughout fiscal year 2018, including $0.47 per share for the quarter ended May 31, 2017, $0.48 per share... More