Saratoga Investment (SAR) Raises Quarterly Dividend 1.9% to $0.53; 10.2% Yield

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Saratoga Investment Corp. Increases Quarterly Dividend to $0.53 per Share Represents the 17th Sequential Quarterly Dividend Increase

November 27, 2018 8:30 AM EST

NEW YORK, Nov. 27, 2018 (GLOBE NEWSWIRE) -- 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 $0.53 per share for the fiscal quarter ended November 30, 2018, payable on January 2, 2019, to all stockholders of record at the close of business on December 17, 2018.

This increase is the seventeenth sequential increase to the Companys quarterly dividends.  The Company paid a quarterly dividend of $0.52 per share for the quarter ended August 31, 2018, and $0.51 per share for the quarter ended May 31, 2018, as... More