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SAR Saratoga Investment Corp. — dividend yield, history & ex-dividend dates

NYSE· Monthly dividend· Common Stock · Financial Services / Asset Management

$17.22 ▲ $0.06(0.35%) as of Sep 14, 2026 03:06 UTC
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Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies. The fund structures its investments as debt and equity by investing through first and second lien loans, mezzanine debt, co-investments, select high yield bonds, senior secured bonds, unsecured bonds, and preferred and common equity. The fund prefers to invest in aerospace, automotive aftermarket and services, business products and services, consumer products and services, education, environmental services, industrial services, financial services, food and beverage, healthcare products and services, logistics, distribution, manufacturing, restaurants services, food services, software services, technology services, specialty chemical, media and telecommunications. The fund seeks to invest in the United States. The fund primarily invests between $60 million and $75 million in companies having EBITDA of $2 million or greater and revenues between $10 million and $150 million. It targets annual revenues between $8 and $250 million. The fund prefers to take a majority stake. The fund invests through direct lending as well as participation in loan syndicates.

Dividend Snapshot

StatusGrowing
Latest Dividend$0.2500
Forward Annual$3.00
FrequencyMonthly
Last Ex-DateDec 03, 2026
Next Ex-DateOct 06, 2026
Next Pay DateOct 22, 2026
1-Yr Growth-1.8%Annual totals, 2024–2025
10-Yr Growth4.0%Annual totals, 2015–2025

Key Metrics

Current Yield

17.42%

At the Sep 14, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$3.0000

The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.

Frequency

M Monthly

How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

Rank Score

31.8

As of Sep 14, 2026

Our 0-100 house score blending yield quality, payout sustainability (the trailing-twelve-month payout ratio), profitability (TTM return on equity), valuation (TTM price-to-book) and payment reliability, recomputed daily. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.

RSI (14)

27

As of Sep 14, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$17.16 – $24.89

Closes through Sep 11, 2026

The lowest and highest price over the past year — shows where today's price sits in its recent range.

Payout Ratio (TTM)

277.41% (EPS-based)

12 months to May 31, 2026 (Q1 FY2027)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

19

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

0.74

Price as of Sep 14, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is our quick durability read on a dividend — the same four-check test used across the screener and our ranked lists. Solid: a model rank of 70+ and a yield of 2%+; the rank weighs the trailing-twelve-month payout ratio, return on equity and price-to-book. Accelerating: the dividend has grown over time, not stalled. Flawless: an unbroken record with no cuts or suspensions. Enduring: a long enough paying history to weather a cycle. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (model rank 70+ and yield 2%+): rank 32/100, yield 17.42%.
A Accelerating
Dividend growth has stalled — 0 consecutive annual increase(s), under the 3 this check looks for.
F Flawless
A dividend cut or reduction appears in the record.
E Enduring
19 year(s) of payments on record, under the 20 this check looks for.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume128,913Sep 11, 2026 sessionHow many shares changed hands in the latest session — a rough read on trading activity.
Open$17.22Sep 11, 2026 sessionThe price at the start of the latest trading session.
Day Range$17.12 – $17.35Sep 11, 2026 sessionThe lowest and highest price during the latest trading session.
Prev Close$17.16Close of Sep 10, 2026The closing price from the previous trading session.
Market Cap$280.87MAs of Sep 14, 2026The company's total market value — share price times shares outstanding — on the date shown.
Shares Out16.31MImplied by market cap, Sep 14, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$1.0312 months to May 31, 2026 (Q1 FY2027)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)17.2Price as of Sep 14, 2026; earnings to May 31, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Ex-DividendDec 03, 2026Buy before this date to receive the upcoming payment. Buy on or after it and the seller keeps that one.
Pay DateDec 22, 2026The date the dividend is actually paid into shareholders' accounts.

Dividend Growth

3-Yr Growth (CAGR)4.9%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
5-Yr Growth (CAGR)18.8%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
Consecutive Increases0 yrsAnnual totals through 2025The number of years in a row the dividend has increased — a track record of reliability.

Why the Yield Moved (90 Days)

SAR's dividend yield rose from 13.50% to 17.42% over the past ~90 days (+3.92 pp). Of that move, +0.00 pp came from changes in the dividend rate and +3.92 pp from the share price ($22.22 on Jun 16, 2026 → $17.22 on Sep 14, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current17.42%
1-Yr Average12.83%
Low / High4.25% – 17.48%
Percentile99%

Across 315 daily observations over the past 16 months (through Sep 11, 2026), SAR's current yield is higher than approximately 99% of them. Our stored price history for SAR covers the past 16 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.2500 M Regular - Dec 03, 2026 Dec 03, 2026 Dec 22, 2026
$0.2500 M Regular - Nov 05, 2026 Nov 05, 2026 Nov 24, 2026
$0.2500 M Regular Sep 09, 2026 Oct 06, 2026 Oct 06, 2026 Oct 22, 2026
$0.2500 M Regular Jun 11, 2026 Sep 03, 2026 Sep 03, 2026 Sep 23, 2026
$0.2500 M Regular Jun 11, 2026 Aug 05, 2026 Aug 05, 2026 Aug 25, 2026
$0.2500 M Regular Jun 11, 2026 Jul 06, 2026 Jul 06, 2026 Jul 23, 2026
$0.2500 M Regular Mar 17, 2026 Jun 04, 2026 Jun 04, 2026 Jun 23, 2026
$0.2500 M Regular Mar 17, 2026 May 05, 2026 May 05, 2026 May 21, 2026
$0.2500 M Regular Mar 17, 2026 Apr 07, 2026 Apr 07, 2026 Apr 23, 2026
$0.2500 M Regular Dec 11, 2025 Mar 03, 2026 Mar 03, 2026 Mar 19, 2026
$0.2500 M Regular Dec 11, 2025 Feb 04, 2026 Feb 04, 2026 Feb 23, 2026
$0.2500 I Regular Dec 11, 2025 Jan 06, 2026 Jan 06, 2026 Jan 22, 2026
$0.5000 S Regular Sep 11, 2025 Dec 02, 2025 Dec 02, 2025 Dec 18, 2025
$0.2500 M Regular Sep 11, 2025 Nov 04, 2025 Nov 04, 2025 Nov 20, 2025
$0.2500 M Regular Sep 11, 2025 Oct 07, 2025 Oct 07, 2025 Oct 23, 2025
$0.2500 M Regular Jun 12, 2025 Sep 04, 2025 Sep 04, 2025 Sep 24, 2025
$0.2500 M Regular Jun 12, 2025 Aug 06, 2025 Aug 06, 2025 Aug 21, 2025
$0.2500 M Regular Jun 12, 2025 Jul 08, 2025 Jul 08, 2025 Jul 24, 2025
$0.2500 M Regular Feb 18, 2025 Jun 05, 2025 Jun 05, 2025 Jun 24, 2025
$0.2500 M Regular Feb 18, 2025 May 06, 2025 May 06, 2025 May 22, 2025
$0.2500 M Regular Feb 18, 2025 Apr 08, 2025 Apr 08, 2025 Apr 24, 2025
$0.7400 S Regular Feb 18, 2025 Mar 06, 2025 Mar 06, 2025 Mar 25, 2025
$1.0900 S Regular Nov 07, 2024 Dec 04, 2024 Dec 04, 2024 Dec 19, 2024
$0.7400 Q Regular Aug 22, 2024 Sep 11, 2024 Sep 11, 2024 Sep 26, 2024
$0.7400 Q Regular May 23, 2024 Jun 13, 2024 Jun 13, 2024 Jun 27, 2024
$0.7300 Q Regular Feb 15, 2024 Mar 12, 2024 Mar 13, 2024 Mar 28, 2024
$0.7200 Q Regular Nov 15, 2023 Dec 08, 2023 Dec 11, 2023 Dec 28, 2023
$0.7100 Q Regular Aug 14, 2023 Sep 13, 2023 Sep 14, 2023 Sep 28, 2023
$0.7000 Q Regular May 22, 2023 Jun 12, 2023 Jun 13, 2023 Jun 29, 2023
$0.6900 Q Regular Feb 28, 2023 Mar 15, 2023 Mar 16, 2023 Mar 30, 2023
$0.6800 Q Regular Nov 15, 2022 Dec 14, 2022 Dec 15, 2022 Jan 04, 2023
$0.5400 Q Regular Aug 29, 2022 Sep 13, 2022 Sep 14, 2022 Sep 29, 2022
$0.5300 Q Regular May 26, 2022 Jun 13, 2022 Jun 14, 2022 Jun 29, 2022
$0.5300 Q Regular Feb 24, 2022 Mar 11, 2022 Mar 14, 2022 Mar 28, 2022
$0.5300 Q Regular Jan 05, 2022 Jan 03, 2022 Jan 04, 2022 Jan 19, 2022
$0.5200 Q Regular Aug 26, 2021 Sep 13, 2021 Sep 14, 2021 Sep 28, 2021
$0.4400 Q Regular May 27, 2021 Jun 14, 2021 Jun 15, 2021 Jun 29, 2021
$0.4300 Q Regular Mar 22, 2021 Apr 07, 2021 Apr 08, 2021 Apr 22, 2021
$0.4200 Q Regular Jan 05, 2021 Jan 25, 2021 Jan 26, 2021 Feb 10, 2021
$0.4100 Q Regular Oct 07, 2020 Oct 23, 2020 Oct 26, 2020 Nov 10, 2020
$0.4000 S Regular Jul 07, 2020 Jul 24, 2020 Jul 27, 2020 Aug 12, 2020
$0.5600 S Regular Jan 08, 2020 Jan 23, 2020 Jan 24, 2020 Feb 06, 2020
$0.5600 Q Regular Aug 27, 2019 Sep 12, 2019 Sep 13, 2019 Sep 26, 2019
$0.5500 Q Regular May 28, 2019 Jun 12, 2019 Jun 13, 2019 Jun 27, 2019
$0.5400 Q Regular Feb 26, 2019 Mar 13, 2019 Mar 14, 2019 Mar 28, 2019
$0.5300 Q Regular Nov 27, 2018 Dec 14, 2018 Dec 17, 2018 Jan 02, 2019
$0.5200 Q Regular Aug 28, 2018 Sep 14, 2018 Sep 17, 2018 Sep 27, 2018
$0.5100 Q Regular May 30, 2018 Jun 14, 2018 Jun 15, 2018 Jun 27, 2018
$0.5000 Q Regular Feb 26, 2018 Mar 13, 2018 Mar 14, 2018 Mar 26, 2018
$0.4900 Q Regular Nov 29, 2017 Dec 14, 2017 Dec 15, 2017 Dec 27, 2017
$0.4800 Q Regular Aug 25, 2017 Sep 14, 2017 Sep 15, 2017 Sep 26, 2017
$0.4700 Q Regular May 30, 2017 Jun 13, 2017 Jun 15, 2017 Jun 27, 2017
$0.4600 Q Regular Feb 28, 2017 Mar 13, 2017 Mar 15, 2017 Mar 28, 2017
$0.4500 Q Regular Jan 12, 2017 Jan 27, 2017 Jan 31, 2017 Feb 09, 2017
$0.4400 Q Regular Oct 12, 2016 Oct 27, 2016 Oct 31, 2016 Nov 09, 2016
$0.2000 M Regular Aug 08, 2016 Aug 22, 2016 Aug 24, 2016 Sep 05, 2016
$0.4300 Q Regular Jul 14, 2016 Jul 27, 2016 Jul 29, 2016 Aug 09, 2016
$0.4100 Q Regular Apr 01, 2016 Apr 13, 2016 Apr 15, 2016 Apr 27, 2016
$0.4000 Q Regular Jan 14, 2016 Jan 28, 2016 Feb 01, 2016 Feb 29, 2016
$0.3600 Q Regular Oct 14, 2015 Oct 29, 2015 Nov 02, 2015 Nov 30, 2015
$0.3300 Q Regular Jul 15, 2015 Jul 30, 2015 Aug 03, 2015 Aug 31, 2015
$1.0000 M Regular May 15, 2015 May 21, 2015 May 26, 2015 Jun 05, 2015
$0.2700 Q Regular Apr 09, 2015 Apr 30, 2015 May 04, 2015 May 29, 2015
$0.2200 Q Regular Sep 24, 2014 Jan 29, 2015 Feb 02, 2015 Feb 27, 2015
$0.1800 A Regular Sep 24, 2014 Oct 30, 2014 Nov 03, 2014 Nov 28, 2014
$2.6500 A Regular Oct 30, 2013 Nov 08, 2013 Nov 13, 2013 Dec 27, 2013
$4.2500 S Regular Nov 09, 2012 Nov 16, 2012 Nov 20, 2012 Dec 31, 2012
$0.5217 A Regular Nov 15, 2011 Nov 22, 2011 Nov 25, 2011 Dec 30, 2011
$0.8200 I Regular Nov 12, 2010 Nov 17, 2010 Nov 19, 2010 Dec 29, 2010
$0.2500 A Regular Nov 13, 2009 Nov 23, 2009 Nov 25, 2009 Dec 31, 2009
$0.2500 Q Regular Dec 08, 2008 Dec 16, 2008 Dec 18, 2008 Dec 29, 2008
$0.3900 Q Regular Aug 19, 2008 Aug 27, 2008 Aug 29, 2008 Sep 15, 2008
$0.3900 Q Regular May 22, 2008 May 28, 2008 May 30, 2008 Jun 13, 2008
$0.3900 I Regular Feb 20, 2008 Feb 27, 2008 Feb 29, 2008 Mar 10, 2008
$0.1800 M Regular Dec 28, 2007 Jan 16, 2008 Jan 18, 2008 Jan 28, 2008
$0.3800 Q Regular Nov 15, 2007 Nov 28, 2007 Nov 30, 2007 Dec 03, 2007
$0.3600 Q Regular Aug 14, 2007 Aug 22, 2007 Aug 24, 2007 Aug 31, 2007
$0.2400 Q Regular May 21, 2007 May 24, 2007 May 29, 2007 Jun 06, 2007

Peer Comparison

Selected Asset Management dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
SOR Source Capital, Inc. 5.42% 8.8% 0 yrs 87
CGI.TO Canadian General Investments, Limited 2.36% 5.2% 7 yrs 83
CGRIF Canadian General Investments, Limited 2.27% 4.1% 2 yrs 79
TROW T. Rowe Price Group, Inc. 4.89% 7.1% 3 yrs 74

SAR dividend — frequently asked questions

Does Saratoga Investment Corp. pay a dividend?

Yes. Saratoga Investment Corp. (SAR) currently pays a dividend. The annualized dividend is about $3.00 per share, a yield of approximately 17.42%.

What is Saratoga Investment Corp.'s dividend yield?

Saratoga Investment Corp.'s dividend yield is approximately 17.42%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does Saratoga Investment Corp. pay dividends?

Saratoga Investment Corp. pays dividends monthly — 12 times per year.

When is Saratoga Investment Corp.'s next ex-dividend date?

The next ex-dividend date on record for Saratoga Investment Corp. is October 6, 2026. The associated payment is $0.2500 per share; you must own the shares before the ex-dividend date to receive it.

How long has Saratoga Investment Corp. paid dividends?

Saratoga Investment Corp. has 19 years of dividend payments on record.

Data updated Sep 14, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.

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