Saratoga Investment (SAR) Raises Quarterly Dividend 25.9% to $0.68; 12% Yield

Go back to Saratoga Investment (SAR) Raises Quarterly Dividend 25.9% to $0.68; 12% Yield

Saratoga Investment Corp. Increases Quarterly Dividend by 26%, or $0.14, to $0.68 per Share for the Fiscal Third Quarter Ended November 30, 2022

November 15, 2022 8:30 AM EST

NEW YORK, Nov. 15, 2022 (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 a quarterly dividend of $0.68 per share for the fiscal third quarter ended November 30, 2022, substantially increased from $0.54 per share in the prior fiscal second quarter. This dividend is payable on January 4, 2023, to all stockholders of record at the close of business on December 15, 2022.

Our strong portfolio performance, healthy credit profile, robust deal pipeline, and ongoing asset growth are key attributes of our track record... More