Is Saratoga Investment Corp. a good dividend stock?

Saratoga Investment Corp. (SAY) is a dividend-paying stock with a current dividend yield of 8.03%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is SAY's dividend yield?

The dividend yield for SAY stock is currently 8.03%.

How much does SAY pay in dividends per year?

Saratoga Investment Corp. pays an annual dividend of $2.0312 per share over the trailing twelve months.

How often does SAY pay dividends?

SAY stock pays dividends quarterly.

Is SAY's dividend growing?

Saratoga Investment Corp.'s 3-year dividend CAGR is 28.92%.

SAY Stock Price, Chart, Stats & News

Saratoga Investment Corp.

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Overview Dividend safety Dividends Fundamentals

Saratoga Investment Corp. (SAY) is a dividend-paying stock with a current dividend yield of 8.03% as of Jul 21, 2026. It pays $2.03 per share over the trailing twelve months and distributes quarterly.

319.98M

Market cap

11.55x

Current P/E

–

Forward P/E

8.03%

Dividend yield

$2.03

SAY dividend

Dividend safety

At-risk

SAY pays out about 93% of earnings, leaving little safety margin.

See the safety analysis

SAY chart

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Fundamentals

Gross margin	51.21%
Operating margin	40.48%
Pretax margin	40.48%
Net margin	37.87%
Effective tax rate	6.44%
ROA	3.22%
ROE	9.56%
D/E	1.85x
Interest coverage ratio	0.83x

All financials

SAY valuation

P/E	11.55x
P/S	3.34x
P/B	0.82x
P/CF	14.70x
P/FCF	14.81x
P/OCF	14.70x
PEG	2.05x
EV multiple	-0.29x

About

Saratoga Investment Corp. is a specialty finance company that provides customized financing solutions to U. S. middle-market businesses. The company invests primarily in senior and unitranche leveraged loans and mezzanine debt, and, to a lesser extent, equity to provide financing for change of ownership transactions, strategic acquisitions, recapitalizations and growth initiatives in partnership with business owners, management teams and financial sponsors.