Saratoga Investment Dividends and Buybacks
Dividend criteria checks 4/6
Saratoga Investment is a dividend paying company with a current yield of 12%. Next payment date is on 22nd May, 2025 with an ex-dividend date of 6th May, 2025.
Key information
12.0%
Dividend yield
-9.4%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | 11.8% |
| Dividend Growth | 6.1% |
| Next dividend pay date | 22 May 25 |
| Ex dividend date | 06 May 25 |
| Dividend per share | n/a |
| Payout ratio | 147% |
Recent dividend and buyback updates
Recent updates
Saratoga Investment: Needs To Improve New Investment Activity And Reduce Debt (Rating Downgrade)
May 09Saratoga Investment: Outperforms The BDC Sector In Total Return
Apr 24Investors Holding Back On Saratoga Investment Corp. (NYSE:SAR)
Apr 08
Saratoga Investment Corp.: 11% Yield, Outperforming In 2025
Feb 09Saratoga Investment: Key Risks Remain Unresolved And The BDC Market Won't Help
Jan 12Saratoga Investment: Improved Portfolio Quality And Attractive Outlook (Rating Upgrade)
Jan 02Saratoga Investment: 12% Yield That Is Not Worth The Risk
Oct 18
Restructuring And Tactical Leadership Propel Earnings And Boost Liquidity For Future Growth
Successful resolutions and proactive restructuring enhance potential NAV growth, and credit quality, and stabilize future earnings.Saratoga Investment Corp: 12% Yield, 13% Discount
Sep 20Saratoga Investment: The Leverage Remains A Concern
Jul 17Saratoga Investment Corp: The Good, The Bad, The Ugly
Jul 05Saratoga Investment Corp: Solid BDC But Lacks NAV Growth
May 16Saratoga Investment Corp: Collect A 12.4% Yield With This BDC, But Proceed With Caution
Apr 20Saratoga Investment Corp: The Leverage Is Too Excessive For Going Long
Mar 28Saratoga Investment (Down Big): 40+ Big-Yield BDCs Compared
Jan 31Saratoga Investment Corp: 12% Yield, 16% Discount, Buy Rating
Jan 21Saratoga Investment: Big Yield At Significant Discount
Dec 26Saratoga Investment Corp: 12% Yield, Strong Growth, Undervalued, Buy Rating
Oct 13Saratoga Investment: 11% Yield And Dividend Hiked But Leverage Elevated
Sep 29Saratoga Investment: A +10% Yield And Discount To NAV
Aug 02Saratoga Investment Corp: Solid Buy With Quality Capital Structure
Jul 02Saratoga Investment (NYSE:SAR) Is Increasing Its Dividend To $0.70
Jun 01Saratoga Investment (NYSE:SAR) Will Pay A Larger Dividend Than Last Year At $0.69
Mar 03Saratoga Investment: Lock In A 10% Yield At A Discount
Jan 09Near-Shutdown Of Preferred Stock IPO Market, October 2022
Nov 04Saratoga Investment announces notes offering and rating of BBB+
Oct 19Saratoga Investment prices $400M CLO
Oct 03Saratoga Investment's (NYSE:SAR) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 01Saratoga Investment raises dividend by 2% to $0.54
Aug 29NAV Discounted Saratoga Investments Has AUM Growth Risk
Aug 23Saratoga Investment Q1 2023 Earnings Preview
Jul 05Saratoga Investment: Rip Through Inflation With This 9% Yield
Jun 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SAR's dividend payments have been volatile in the past 10 years.
Growing Dividend: SAR's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Saratoga Investment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SAR) | 12.0% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Capital Markets) | 2.0% |
| Analyst forecast (SAR) (up to 3 years) | 11.8% |
Notable Dividend: SAR's dividend (12%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: SAR's dividend (12%) is in the top 25% of dividend payers in the US market (4.67%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (146.6%), SAR's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23%), SAR's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/19 13:25 |
| End of Day Share Price | 2025/05/19 00:00 |
| Earnings | 2025/02/28 |
| Annual Earnings | 2025/02/28 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Saratoga Investment Corp. is covered by 13 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sean-Paul Adams | B. Riley Securities, Inc. |
| Bryce Rowe | B. Riley Wealth |
| David Chiaverini | Cantor Fitzgerald & Co. |