SAR (Saratoga Investment) Dividend Payout Ratio: 0.00 (As of May. 2026)

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SAR Saratoga Investment Corp SAR
45 GF Score
Price $18.80
GF Value $13.55
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Saratoga Investment Dividend Payout Ratio?

Saratoga Investment SAR +0.59% 45 Dividend Payout Ratio is 0.00 as of May. 2026. GuruFocus rates SAR with a GF Score™ of 45/100 and a GF Value™ of $13.55 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 938 Asset Management companies, Saratoga Investment ranks worse than 94.03% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Saratoga Investment's Dividend Payout Ratio for the months ended in May. 2026 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Saratoga Investment Corp is 3.00, which seems too high.

The historical rank and industry rank for Saratoga Investment's Dividend Payout Ratio or its related term are showing as below:

SAR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.9   Max: 3.97
Current: 3

During the past 13 years, the highest Dividend Payout Ratio of Saratoga Investment was 3.97. The lowest was 0.37. And the median was 0.90.

SAR's Dividend Payout Ratio is ranked worse than
94.03% of 938 companies
in the Asset Management industry
Industry Median: 0.67 vs SAR: 3.00

As of today (2026-08-20), the Dividend Yield % of Saratoga Investment is 15.99%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Saratoga Investment was 23.24%. The lowest was 4.77%. And the median was 8.78%.

Saratoga Investment's Dividends per Share for the months ended in May. 2026 was $0.75.

During the past 12 months, Saratoga Investment's average Dividends Per Share Growth Rate was -19.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 20.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Saratoga Investment was 68.10% per year. The lowest was -13.50% per year. And the median was 9.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Saratoga Investment (NYSE:SAR) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Saratoga Investment Dividend Payout Ratio Related Terms

Saratoga Investment Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Saratoga Investment's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Saratoga Investment Dividend Payout Ratio Chart

Saratoga Investment Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 1.11 3.97 1.83 1.30

Saratoga Investment Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.82 0.89 1.01 0.00 0.00

SAR vs RIV, TEI, EFR: Dividend Payout Ratio Comparison

For the Asset Management subindustry, Saratoga Investment's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Saratoga Investment Dividend Payout Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Saratoga Investment's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Saratoga Investment's Dividend Payout Ratio falls into.


SAR
45GF Score
Saratoga Investment Corp SAR
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saratoga Investment Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Saratoga Investment's Dividend Payout Ratio for the fiscal year that ended in Feb. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Feb. 2026 )/ EPS without NRI (A: Feb. 2026 )
=3/ 2.31
=1.30

Saratoga Investment's Dividend Payout Ratio for the quarter that ended in May. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: May. 2026 )/ EPS without NRI (Q: May. 2026 )
=0.75/ -0.42
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.00 mean?
Saratoga Investment (SAR) has a Dividend Payout Ratio of 0.00 as of May. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Saratoga Investment and its competitors. Over the past decade, Saratoga Investment's Dividend Payout Ratio has ranged from 0.37 to 3.97. According to the industry distribution chart, Saratoga Investment ranks #882 out of 938 companies in the Asset Management industry, placing it in the top 94%.
Is Saratoga Investment's Dividend Payout Ratio too high?
Saratoga Investment's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 3.97. Based on the distribution chart, Saratoga Investment ranks #882 out of 938 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Saratoga Investment has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saratoga Investment's Dividend Payout Ratio compare to RIV and TEI?
According to the Asset Management industry distribution chart, Saratoga Investment ranks #882 out of 938 companies for Dividend Payout Ratio. This places Saratoga Investment in the lower half of its industry. The industry median Dividend Payout Ratio is 0.67. Historically, Saratoga Investment's own Dividend Payout Ratio has ranged from 0.37 to 3.97 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Asset Management company?
The median Dividend Payout Ratio among Asset Management companies is 0.67, based on 938 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Saratoga Investment and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saratoga Investment's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saratoga Investment stock overvalued right now?
Based on GuruFocus' analysis, Saratoga Investment (SAR) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.55, compared to a current price of $18.80 — trading 38.7% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Saratoga Investment's overall GF Score™ is 45/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Saratoga Investment (SAR), the current Dividend Payout Ratio is 0.00 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Saratoga Investment (SAR) Overvalued in 2026?

Based on GuruFocus' analysis, Saratoga Investment stock appears to be overvalued. The current stock price of $18.80 is trading 38.7% above its estimated GF Value™ of $13.55. GuruFocus considers Saratoga Investment to be Significantly Overvalued.

Key valuation signals for SAR:

  • Dividend Payout Ratio: 0.00
  • GF Value™: $13.55 vs. price of $18.80 (38.7% above fair value)
  • GF Score™: 45/100 with 7 warning signs

No single metric tells the full story. See the SAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Saratoga Investment Business Description

Other Exchanges QJ8:Germany
Address 535 Madison Avenue, 4th Floor, New York, NY, USA, 10022
Saratoga Investment Corp is a specialty finance company that provides customized financing solutions to U.S. middle-market businesses. The company invests in senior and unitranche leveraged loans and mezzanine debt, and, to a lesser extent, equity to provide financing for change of ownership transactions, strategic acquisitions, recapitalizations and growth initiatives in partnership with business owners, management teams and financial sponsors. Its objective is to create attractive risk-adjusted returns by generating current income and long-term capital appreciation from its debt and equity investments.
45GF Score

Get the complete analysis for SAR

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.80
Price
$13.55
GF Value