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Stock impact report

Saratoga Investment Corp. Increases Quarterly Dividend by $0.01, or 1.4%, to $0.73 per Share for the Fiscal Fourth Quarter Ended February 29, 2024

Saratoga Investment Corp New (SAR) 
Last saratoga investment corp new earnings: 1/8 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.saratogainvestmentcorp.com
Company Research Source: GlobeNewswire
NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that its Board of Directors has declared a quarterly dividend of $0.73 per share for the fiscal fourth quarter ended February 29, 2024, an increase of $0.01 from $0.72 per share in the prior fiscal third quarter, and the sixteenth quarterly dividend increase in a row. Total dividends for fiscal year 2024 are $2.85 per share, an increase of 16.8% over the prior year. This fourth quarter dividend is payable on March 28, 2024, to all stockholders of record at the close of business on March 13, 2024. “We continue to benefit from the elevated level of interest rates on our largely floating rate assets combined with the growth of our overall portfolio in well-selected industry segments, resulting in healthy earnings growth this past year,” said Christian L. Oberbeck, Chairman and Chief Executive Officer of Saratog Show less Read more
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