Saratoga Investment Corp.
SARFinancial Services · Stock · monthly payer
$22.41
Add to PortfolioForward Yield
13.39%
Annual Dividend
$3.00
Payout Ratio
130%
5-Yr Growth
-9.4%
Ex-Date
Jun 4, 2026
Frequency
Monthly
SAR Dividend Safety Score
49/ 100
Grade D
Risky
Dividend-growth streak1 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage130% of earnings paid out
Free-cash-flow coverage74% of free cash flow
Balance-sheet strengthDebt/equity of 1.83
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 SAR a good dividend stock?
MixedSaratoga Investment Corp. (SAR) pays a monthly dividend yielding 13.39% ($3.00/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2025
- Elevated payout ratio (130%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 13.39%
- Payout Ratio
- 130%
- Annual Dividend
- $3.00
- 5-Yr Avg Growth
- -9.4%
- Ex-Dividend Date
- Jun 4, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.59
- Market Cap
- $364.6M
- P/E Ratio
- 9.7
- 5-Yr Total Return
- -17%
- 52-Week Range
- $20.78 – $25.64
- Dividend Safety
- D · 49/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 4, 2026 | — | $0.2500 | regular |
| May 5, 2026 | — | $0.2500 | regular |
| Apr 7, 2026 | — | $0.2500 | regular |
| Mar 3, 2026 | — | $0.2500 | regular |
| Feb 4, 2026 | — | $0.2500 | regular |
| Jan 6, 2026 | — | $0.2500 | regular |
| Dec 2, 2025 | — | $0.5000 | regular |
| Nov 4, 2025 | — | $0.2500 | regular |
| Oct 7, 2025 | — | $0.2500 | regular |
| Sep 4, 2025 | — | $0.2500 | regular |
| Aug 6, 2025 | — | $0.2500 | regular |
| Jul 8, 2025 | — | $0.2500 | regular |
| Jun 5, 2025 | — | $0.2500 | regular |
| May 6, 2025 | — | $0.2500 | regular |
Income Calculator
At $3.00 / yr per share
Per payment (monthly)$25.00
Annual$300.00
Monthly avg$25.00
