What is SAR's current dividend yield?

Saratoga Investment Corp. (SAR) has a dividend yield of 13.18%, paying $3.00 per share annually.

How often does SAR pay dividends?

Saratoga Investment Corp. typically pays dividends on a quarterly basis. The annual dividend totals $3.00 per share.

When is SAR's next ex-dividend date?

The most recent ex-dividend date for Saratoga Investment Corp. was June 4, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.

What is SAR's dividend growth rate?

Saratoga Investment Corp. has a 5-year dividend compound annual growth rate (CAGR) of 3.0%. The 10-year CAGR is 8.9%.

What is SAR's payout ratio?

Saratoga Investment Corp. has a payout ratio of 1%, meaning it distributes 1% of its earnings as dividends. This leaves significant room for dividend growth.

Saratoga Investment Corp. (SAR) Dividend Analysis

Comprehensive dividend yield, safety, growth, and income analysis for SAR.

Saratoga Investment Corp. (SAR) pays a high 13.18% dividend yield, or $3.00 per share annually at a stock price of $18.21. The payout ratio of 1% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 0.8x. Dividend growth is slowing — the 3-year CAGR of -20.5% trails the 5-year rate of 3.0% and the 10-year rate of 8.9%. The most recent ex-dividend date was June 4, 2026.

Dividend Overview

Saratoga Investment Corp. (SAR) pays a high 13.18% dividend yield, or $3.00 per share annually at a stock price of $18.21.

Dividend Yield

13.18%

Annual Dividend

$3.00

Share Price

$18.21

Ex-Dividend Date

Jun 4, 2026

Consecutive Years

0 yrs

Sector

Financial Services

Dividend Safety

Safe

The payout ratio of 1% is well within sustainable levels, leaving room for future increases.

Payout Ratio1%

0%60%80%100%

DRIP Projection

$10,000 invested in SAR with dividends reinvested would grow to approximately $40,759 after 10 years, generating roughly $7,201/year in dividend income. This projection assumes the current 13.18% yield and a 3.0% annual dividend growth rate with all dividends reinvested.

Year	Portfolio Value	Annual Income	Total Return
Year 1	$11,318	$1,537	+13%
Year 5	$19,245	$2,937	+92%
Year 10	$40,759	$7,201	+308%
Year 15	$96,228	$19,679	+862%
Year 20	$256,881	$60,812	+2469%

Assumes constant share price and reinvestment at current price. Actual results will vary. Try our DRIP Calculator for a customized projection with real historical data.