Saratoga Investment Corp. Declares Quarterly Dividend of $0.74 Per Share
In a recent press release, Saratoga Investment Corp. (NYSE: SAR) announced that its Board of Directors had declared a base quarterly dividend of $0.74 per share for the fiscal fourth quarter ending February 28, 2025. This dividend is a testament to the company’s financial strength and commitment to its stockholders.
Impact on Individual Investors
For individual investors holding shares of Saratoga Investment, this dividend declaration brings a potential return of $0.74 per share. The dividend is payable on March 25, 2025, to all stockholders of record at the close of business on March 6, 2025. This dividend not only provides a source of passive income but also signals the company’s financial stability and commitment to its shareholders.
Global Implications
The declaration of a quarterly dividend by Saratoga Investment Corp. is a positive sign for the business development company sector and the broader financial market. This dividend declaration comes amidst increasing concerns regarding inflation and interest rates, making it a significant move for investors seeking stable sources of income. It also reflects the company’s confidence in its business model and financial performance.
Additional Information
According to recent financial reports, Saratoga Investment Corp. has reported strong financial results, with net investment income of $0.43 per share for the third quarter ending November 30, 2024. The company’s investment portfolio has grown steadily, with total assets under management reaching $1.5 billion as of November 30, 2024.
Furthermore, Saratoga Investment Corp. has a history of consistent dividend payments, having paid quarterly dividends since the third quarter of 2014. This track record of stable dividend payments makes Saratoga Investment an attractive option for income-focused investors.
Conclusion
Saratoga Investment Corp.’s declaration of a quarterly dividend of $0.74 per share for the fiscal fourth quarter ending February 28, 2025, is a positive sign for both individual investors and the broader financial market. This dividend, payable on March 25, 2025, provides a source of passive income for investors and reflects the company’s financial strength and commitment to its shareholders. Additionally, Saratoga Investment’s strong financial performance and consistent dividend payments make it an attractive option for income-focused investors in the business development company sector.
- Saratoga Investment Corp. declares a quarterly dividend of $0.74 per share for the fiscal fourth quarter ending February 28, 2025.
- The dividend is payable on March 25, 2025, to all stockholders of record at the close of business on March 6, 2025.
- This dividend declaration reflects the company’s financial strength and commitment to its shareholders.
- Saratoga Investment has reported strong financial results, with net investment income of $0.43 per share for the third quarter ending November 30, 2024.
- The company’s investment portfolio has grown steadily, with total assets under management reaching $1.5 billion as of November 30, 2024.
- Saratoga Investment has a history of consistent dividend payments since the third quarter of 2014.
