Saratoga Investment (Saratoga Investment) Dividend Yield % : 12.22% (As of Apr. 25, 2024)

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What is Saratoga Investment Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Saratoga Investment is 12.22%.

Good Sign:

Saratoga Investment Corp stock dividend yield is close to 3-year high.

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

SAR' s Dividend Yield % Range Over the Past 10 Years
Min: 1.07 Med: 8.36 Max: 23.24
Current: 12.22

During the past 13 years, the highest Dividend Yield of Saratoga Investment was 23.24%. The lowest was 1.07%. And the median was 8.36%.

SAR's Dividend Yield % is ranked better than
91.6% of 1215 companies
in the Asset Management industry
Industry Median: 5.66 vs SAR: 12.22

Saratoga Investment's Dividend Payout Ratio for the three months ended in Nov. 2023 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 1.43, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Saratoga Investment was 1.43. The lowest was 0.20. And the median was 0.65.

As of today (2024-04-25), the Forward Dividend Yield % of Saratoga Investment is 12.48%.

Saratoga Investment's Dividends per Share for the three months ended in Nov. 2023 was $0.71.

During the past 12 months, Saratoga Investment's average Dividends Per Share Growth Rate was 30.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.30% 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 4.75% per year.

The growth rate is calculated with least square regression.

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

Saratoga Investment Dividend Yield % Historical Data

The historical data trend for Saratoga Investment's Dividend Yield % 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.

* Premium members only.

Saratoga Investment Dividend Yield % Chart

Saratoga Investment Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Dividend Yield %

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8.94

9.65

7.76

6.99

8.28

Saratoga Investment Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Dividend Yield %	Get a 7-Day Free Trial															8.08	8.28	8.68	10.10	10.61

Competitive Comparison of Saratoga Investment's Dividend Yield %

For the Asset Management subindustry, Saratoga Investment's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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's Dividend Yield % Distribution in the Asset Management Industry

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

* The bar in red indicates where Saratoga Investment's Dividend Yield % falls into.

Saratoga Investment Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Saratoga Investment Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
USD 0.730	2024-03-12	2024-03-13	2024-03-28	Cash Dividend	quarterly	USD:USD 1.000000
USD 0.720	2023-12-08	2023-12-11	2023-12-28	Cash Dividend	quarterly	USD:USD 1.000000
USD 0.710	2023-09-13	2023-09-14	2023-09-28	Cash Dividend	quarterly	USD:USD 1.000000
USD 0.700	2023-06-12	2023-06-13	2023-06-29	Cash Dividend	quarterly	USD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Saratoga Investment's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	2.86	/	23.32
	=	12.26 %

Current Share Price is $23.32.
Saratoga Investment's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.86.

Saratoga Investment's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=	2.92	/	23.32
	=	12.52 %

Current Share Price is $23.32.
Saratoga Investment's Dividends per Share for the forward twelve months is calculated as $0.73 * 4 = $2.92.

Saratoga Investment (NYSE:SAR) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Saratoga Investment Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Saratoga Investment's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Saratoga Investment (Saratoga Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Saratoga Investment Corp (NYSE:SAR) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

535 Madison Avenue, 4th Floor, New York, NY, USA, 10022

Website

https://www.saratogainvestmentcorp.com

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 issued by private U.S. middle-market companies, which it defines as companies having annual earnings before interest, taxes, depreciation and amortization (EBITDA) under $50 million, both through direct lending and through participation in loan syndicates.

Executives

Christian L Oberbeck	director, 10 percent owner, officer: CEO and Director	C/O KOPPERS INC, 436 SEVENTH AVENUE, SUITE 1550, PITTSBURG PA 15219
Steven M Looney	director	132 WAIKU ROAD, RIDGEWOOD NJ 07450-2322
Henri J Steenkamp	officer: Chief Financial Officer	SARATOGA INVESTMENT ADVISORS, LLC, 535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022
Williams George Cabell Iii	director	5422 ALBIA ROAD, BETHESDA MD 20816
Elizabeth Oberbeck	10 percent owner	C/O SARATOGA INVESTMENT CORP., 535 MADISON AVENUE, NEW YORK NY 10022
Michael J Grisius	director, officer: President and Director	1919 PENNSYLVANIA AVE NW, 3RD FL, WASHINGTON DC 20006
Whitman Iii Charles S	director	C/O GSC INVESTMENT CORP., 12 EAST 49TH STREET, SUITE 3200, NEW YORK NY 10017
Phillips Charles G Iv	other: Member of 10% owner group.	C/O SARATOGA INVESTMENT ADVISORS, LLC, 535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022
Richard A Petrocelli	director, officer: CFO, Secretary and CCO	1350 6TH AVENUE, 18TH FLOOR, NEW YORK NY 10019
John P. Birkelund	other: Member of 10% owner group	ETHAN ALLEN DRIVE, DANBURY CT 06811
John F. Macmurray	other: Member of 10% owner group	C/O SARATOGA INVESTMENT ADVISORS, LLC, 535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022
Durkin Charles P Jr	other: Member of 10% owner group
Clo Partners Llc	other: Member of 10% owner group	535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022
Saratoga Investment Advisors, Llc	other: Member of 10% owner group	535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022
Ivo Turkedjiev	officer: VP Corporate Credit Group	C/O GSC INVESTMENT CORP, 888 SEVENTH AVE, NEW YORK NY 10019