Saba Capital Income & Opportunities Fund II
SABAFinancial Services · Stock · monthly payer
Forward Yield
8.35%
Annual Dividend
$0.70
Payout Ratio
76%
5-Yr Growth
14.1%
Ex-Date
Jul 9, 2026
Frequency
Monthly
Summary
As of July 2026, Saba Capital Income & Opportunities Fund II (SABA) yields 8.35% ($0.70 per share annually), with a blended fair-value estimate of $24.06 — +188% upside, so it screens as undervalued. Dividend safety grade: C (61/100).
Is SABA a good dividend stock?
Yes, with caveatsSaba Capital Income & Opportunities Fund II (SABA) pays a monthly dividend yielding 8.35% ($0.70/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Strong 14.1% 5-yr dividend growth
Risks
- Cut its dividend in 2024
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 8.35%
- Payout Ratio
- 76%
- Annual Dividend
- $0.70
- 5-Yr Avg Growth
- 14.1%
- Ex-Dividend Date
- Jul 9, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.40
- Market Cap
- $222.1M
- P/E Ratio
- 9.1
- 5-Yr Total Return
- -24%
- 52-Week Range
- $7.96 – $9.46
- Dividend Safety
- C · 61/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
SABA Price — Last 12 Months
Daily close
Price Return
1 Year
-10%
3 Years
+1%
5 Years
-24%
52-Week Range
$7.96 – $9.46
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SABA worth?
Undervaluedlow confidenceOur blended fair-value estimate for Saba Capital Income & Opportunities Fund II is $24.06 per share, versus a market price of $8.34. That implies 188% of upside — a margin of safety of about 65%.
Fair Value
$24.06
Current Price
$8.34
Upside
+188%
Margin of Safety
65%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 7.0% discount rate (CAPM), 13.3% stage-1 growth, 2.5% terminal growth, $0.91 EPS, $0.70 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SABA Dividend Safety Score
Borderline
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 9, 2026 | — | $0.0580 | regular |
| Jun 9, 2026 | — | $0.0580 | regular |
| May 11, 2026 | — | $0.0580 | regular |
| Apr 9, 2026 | — | $0.0580 | regular |
| Mar 10, 2026 | — | $0.0580 | regular |
| Feb 10, 2026 | — | $0.0580 | regular |
| Jan 12, 2026 | — | $0.0580 | regular |
| Dec 31, 2025 | — | $0.1000 | regular |
| Dec 9, 2025 | — | $0.0580 | regular |
| Nov 10, 2025 | — | $0.0580 | regular |
| Oct 9, 2025 | — | $0.0580 | regular |
| Sep 10, 2025 | — | $0.0580 | regular |
| Aug 11, 2025 | — | $0.0580 | regular |
| Jul 9, 2025 | — | $0.0580 | regular |
Income Calculator
At $0.70 / yr per share
