SAR Dividend History & Yield
Saratoga Investment Corp. · NYSE
Upcoming dividend payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Fri, Oct 2, 2026 (in 24 days) | Oct 16, 2026 | $0.2708 | $27.08 | Estimated |
| Sat, Oct 31, 2026 (in 53 days) | Nov 14, 2026 | $0.2708 | $27.08 | Estimated |
| Sun, Nov 29, 2026 (in 82 days) | Dec 13, 2026 | $0.2708 | $27.08 | Estimated |
| Mon, Dec 28, 2026 (in 111 days) | Jan 11, 2027 | $0.2708 | $27.08 | Estimated |
| Tue, Jan 26, 2027 (in 140 days) | Feb 9, 2027 | $0.2708 | $27.08 | Estimated |
| Wed, Feb 24, 2027 (in 169 days) | Mar 10, 2027 | $0.2708 | $27.08 | Estimated |
| Thu, Mar 25, 2027 (in 198 days) | Apr 8, 2027 | $0.2708 | $27.08 | Estimated |
| Fri, Apr 23, 2027 (in 227 days) | May 7, 2027 | $0.2708 | $27.08 | Estimated |
| Sat, May 22, 2027 (in 256 days) | Jun 5, 2027 | $0.2708 | $27.08 | Estimated |
| Sun, Jun 20, 2027 (in 285 days) | Jul 4, 2027 | $0.2708 | $27.08 | Estimated |
| Mon, Jul 19, 2027 (in 314 days) | Aug 2, 2027 | $0.2708 | $27.08 | Estimated |
| Tue, Aug 17, 2027 (in 343 days) | Aug 31, 2027 | $0.2708 | $27.08 | Estimated |
Estimated dates and amounts are projected from SAR's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $3.25 per share.
Dividend payment history
Last 40 payments per share. RegularSpecial
Annual dividends per share
How much SAR do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 370 | $6,432 | $1,200 |
| $500 / month | 1,847 | $32,160 | $6,000 |
| $1,000 / month | 3,693 | $64,320 | $12,000 |
Based on the forward yield of 18.66%. $10,000 in SAR would currently pay about $1,866 a year ($155 a month on average). Model reinvestment and growth →
SAR dividend history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Sep 3, 2026 | — | $0.25 | +0.0% |
| Aug 5, 2026 | — | $0.25 | +0.0% |
| Jul 6, 2026 | — | $0.25 | +0.0% |
| Jun 4, 2026 | — | $0.25 | +0.0% |
| May 5, 2026 | — | $0.25 | +0.0% |
| Apr 7, 2026 | — | $0.25 | +0.0% |
| Mar 3, 2026 | — | $0.25 | +0.0% |
| Feb 4, 2026 | — | $0.25 | +0.0% |
| Jan 6, 2026 | — | $0.25 | -50.0% |
| Dec 2, 2025 | — | $0.50 | +100.0% |
| Nov 4, 2025 | — | $0.25 | +0.0% |
| Oct 7, 2025 | — | $0.25 | +0.0% |
| Sep 4, 2025 | — | $0.25 | +0.0% |
| Aug 6, 2025 | — | $0.25 | +0.0% |
| Jul 8, 2025 | — | $0.25 | +0.0% |
| Jun 5, 2025 | — | $0.25 | +0.0% |
| May 6, 2025 | — | $0.25 | +0.0% |
| Apr 8, 2025 | — | $0.25 | -66.2% |
| Mar 6, 2025 | — | $0.74 | -32.1% |
| Dec 4, 2024 | — | $1.09 | +47.3% |
| Sep 11, 2024 | — | $0.74 | +0.0% |
| Jun 13, 2024 | — | $0.74 | +1.4% |
| Mar 12, 2024 | — | $0.73 | +1.4% |
| Dec 8, 2023 | — | $0.72 | +1.4% |
| Sep 13, 2023 | — | $0.71 | +1.4% |
| Jun 12, 2023 | — | $0.70 | +1.4% |
| Mar 15, 2023 | — | $0.69 | +1.5% |
| Dec 14, 2022 | — | $0.68 | +25.9% |
| Sep 13, 2022 | — | $0.54 | +1.9% |
| Jun 13, 2022 | — | $0.53 | +0.0% |
| Mar 11, 2022 | — | $0.53 | +0.0% |
| Jan 3, 2022 | — | $0.53 | +1.9% |
| Sep 13, 2021 | — | $0.52 | +18.2% |
| Jun 14, 2021 | — | $0.44 | +2.3% |
| Apr 7, 2021 | — | $0.43 | +2.4% |
| Jan 25, 2021 | — | $0.42 | +2.4% |
| Oct 23, 2020 | — | $0.41 | +2.5% |
| Jul 24, 2020 | — | $0.40 | -28.6% |
| Jan 23, 2020 | — | $0.56 | +0.0% |
| Sep 12, 2019 | — | $0.56 | +1.8% |
| Jun 12, 2019 | — | $0.55 | +1.9% |
| Mar 13, 2019 | — | $0.54 | +1.9% |
| Dec 14, 2018 | — | $0.53 | +1.9% |
| Sep 14, 2018 | — | $0.52 | +2.0% |
| Jun 14, 2018 | — | $0.51 | +2.0% |
| Mar 13, 2018 | — | $0.50 | +2.0% |
| Dec 14, 2017 | — | $0.49 | +2.1% |
| Sep 14, 2017 | — | $0.48 | +2.1% |
| Jun 13, 2017 | — | $0.47 | +2.2% |
| Mar 13, 2017 | — | $0.46 | +2.2% |
| Jan 27, 2017 | — | $0.45 | +2.3% |
| Oct 27, 2016 | — | $0.44 | +120.0% |
| Aug 22, 2016 | — | $0.20 | -53.5% |
| Jul 27, 2016 | — | $0.43 | +4.9% |
| Apr 13, 2016 | — | $0.41 | +2.5% |
| Jan 28, 2016 | — | $0.40 | +11.1% |
| Oct 29, 2015 | — | $0.36 | +9.1% |
| Jul 30, 2015 | — | $0.33 | -67.0% |
| May 21, 2015 | — | $1.00 | +270.4% |
| Apr 30, 2015 | — | $0.27 | +22.7% |
| Jan 29, 2015 | — | $0.22 | +22.2% |
| Oct 30, 2014 | — | $0.18 | -70.0% |
| Nov 8, 2013 | — | $2.65 Special | — |
| Nov 16, 2012 | — | $4.25 Special | — |
| Nov 22, 2011 | — | $0.60 | +60.9% |
| Nov 17, 2010 | — | $0.373 | -84.8% |
| Nov 23, 2009 | — | $2.46 | -1.6% |
| Dec 16, 2008 | — | $2.50 | -35.9% |
| Aug 27, 2008 | — | $3.90 | +0.0% |
| May 28, 2008 | — | $3.90 | +0.0% |
| Feb 27, 2008 | — | $3.90 | +116.7% |
| Jan 16, 2008 | — | $1.80 | -52.6% |
| Nov 28, 2007 | — | $3.80 | +5.6% |
| Aug 22, 2007 | — | $3.60 | +50.0% |
| May 24, 2007 | — | $2.40 | — |
Payout risk check
SAR scores 95/100 on our yield-trap heuristic (elevated risk).
4 warning flags raised:
- Payout ratio above 100% of earnings
- Yield above 12%, far above market norms
- Payment was cut within the last 5 years
- Share price down more than 30% over 1 year
This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.
About Saratoga Investment Corp.
Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies. The fund structures its investments as debt and equity by investing through first and second lien loans, mezzanine debt, co-investments, select high yield bonds, senior secured bonds, unsecured bonds, and preferred and common equity.
Sector: Financial Services. Industry: Asset Management. First dividend on our records: May 24, 2007. 75 payments tracked.
SAR dividend FAQ
When is SAR's next ex-dividend date?
SAR's next ex-dividend date is Oct 2, 2026 (in 24 days, estimated from its monthly schedule). You must own the shares before that date to receive the payment of about $0.2708 per share, expected on Oct 16, 2026.
How often does SAR pay dividends?
SAR pays dividends every month, 12 times a year. The most recent payment was $0.25 per share with an ex-date of Sep 3, 2026.
What is SAR's dividend yield?
SAR's trailing 12-month dividend yield is 18.66%, based on $3.25 per share paid over the last year and a share price of $17.42. The forward yield, using the indicated annual rate of $3.25 per share, is 18.66%.
How much does SAR pay per share?
SAR pays about $0.2708 per share each month, which works out to roughly $3.25 per share a year. 100 shares would collect about $325.00 a year.
Has SAR grown or cut its dividend?
Over the last 5 years the regular payout has grown at 13.8% a year (-20.1% over the last year). SAR did cut a regular payment within the last 5 years.
How many shares of SAR do I need to earn $100 a month?
At the current forward yield of 18.66%, you would need about 370 shares of SAR (roughly $6,432 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every month, so the monthly figure is an average.
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