Saba Capital Income & Opportunities Fund
BRWFinancial Services · Stock · monthly payer
$6.77
Add to PortfolioForward Yield
15.07%
Annual Dividend
$1.02
Payout Ratio
78%
5-Yr Growth
23.2%
Ex-Date
Jun 9, 2026
Frequency
Monthly
BRW Dividend Safety Score
53/ 100
Grade C
Borderline
Dividend-growth streak1 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage78% of earnings paid out
Free-cash-flow coverage102% of free cash flow
Balance-sheet strengthDebt/equity of 0.17
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is BRW a good dividend stock?
MixedSaba Capital Income & Opportunities Fund (BRW) pays a monthly dividend yielding 15.07% ($1.02/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 23.2% 5-yr dividend growth
Risks
- Cut its dividend in 2023
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 15.07%
- Payout Ratio
- 78%
- Annual Dividend
- $1.02
- 5-Yr Avg Growth
- 23.2%
- Ex-Dividend Date
- Jun 9, 2026
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- 0.40
- Market Cap
- $290.3M
- P/E Ratio
- 5.2
- 5-Yr Total Return
- -29%
- 52-Week Range
- $6.38 – $8.49
- Dividend Safety
- C · 53/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 11, 2026 | — | $0.0850 | regular |
| Apr 13, 2026 | — | $0.0850 | regular |
| Mar 10, 2026 | — | $0.0850 | regular |
| Feb 10, 2026 | — | $0.0850 | regular |
| Jan 12, 2026 | — | $0.0850 | regular |
| Dec 9, 2025 | — | $0.0850 | regular |
| Nov 10, 2025 | — | $0.0850 | regular |
| Oct 9, 2025 | — | $0.0850 | regular |
| Sep 10, 2025 | — | $0.0843 | regular |
| Aug 11, 2025 | — | $0.0843 | regular |
| Jul 9, 2025 | — | $0.0843 | regular |
| Jun 10, 2025 | — | $0.0843 | regular |
| May 9, 2025 | — | $0.0843 | regular |
| Apr 9, 2025 | — | $0.0843 | regular |
Income Calculator
At $1.02 / yr per share
Per payment (monthly)$8.50
Annual$102.00
Monthly avg$8.50
