Saratoga Investment (SAR) Raises Quarterly Dividend 1.9% to $0.54; 9.3% Yield

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Saratoga Investment Corp. Increases Quarterly Dividend to $0.54 per Share Represents the 18th Sequential Quarterly Dividend Increase

February 26, 2019 8:30 AM EST

NEW YORK, Feb. 26, 2019 (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 $0.54 per share for the fiscal quarter ended February 28, 2019, payable on March 28, 2019, to all stockholders of record at the close of business on March 14, 2019.

This increase is the eighteenth sequential increase to the Companys quarterly dividends.  Total dividends declared for the fiscal years ended February 28, 2019 and 2018 was $2.10 per share and $1.94 per share, respectively. The Company... More