Saratoga Investment's High Dividend Yield Is Illusory [Seeking Alpha]
Saratoga Investment Corp New (SAR)
Last saratoga investment corp new earnings: 1/8 04:05 pm
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US:NYSE Investor Relations:
ir.saratogainvestmentcorp.com
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Source: Seeking Alpha
Saratoga Investment's High Dividend Yield Is Illusory Summary Saratoga Investment Corp.'s 8.63% cash dividend yield is not covered by the underlying investment income that its investments generate on a cash basis. The company has financed deficit operating cash flows by selling equities and by raising debt. This will only continue to make sense as long as the stock sells above book value. Wait for the stock to sell below book value before buying and/or reduces the cash dividend. Its present yield now is not affordable without further capital raises. Saratoga Investment Corp. ( SAR Despite what you may have read from other authors on Seeking Alpha and from the company, an unbiased look at the company's actual financial reports clearly shows that the company can't afford on a cash flow basis its cash dividend payments. In effect, the high dividend yield is illusory and the astute value investor will wait until the stock falls and sells below value. At that point, it will be clear that t
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SAR
News
- Saratoga Investment Corp. to Report Fiscal Fourth Quarter 2024 Financial Results and Hold Conference Call [Yahoo! Finance]Yahoo! Finance
- Saratoga Investment Corp. to Report Fiscal Fourth Quarter 2024 Financial Results and Hold Conference CallGlobeNewswire
- Saratoga Investment Corp. (NYSE: SAR) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- What's So Interesting About Baby Bonds? [Forbes]Forbes
- Saratoga Investment Corp: The Leverage Is Too Excessive For Going Long [Seeking Alpha]Seeking Alpha
SAR
Earnings
- 1/9/24 - Miss
SAR
Sec Filings
- 3/28/24 - Form 8-K
- 3/12/24 - Form 40-17G
- 2/14/24 - Form SC
- SAR's page on the SEC website