<div id="readability-page-1"><p><strong>Saratoga Investment Corp</strong> (NYSE:SAR - Get Free Report) declared a monthly dividend on Thursday, December 11th. Stockholders of record on Tuesday, January 6th will be given a dividend of 0.25 per share by the financial services provider on Thursday, January 22nd. This represents a c) annualized dividend and a dividend yield of 13.0%. The ex-dividend date of this dividend is Tuesday, January 6th.</p><p>Saratoga Investment has increased its dividend payment by an average of 0.1%per year over the last three years. Saratoga Investment has a payout ratio of 90.4% meaning its dividend is currently covered by earnings, but may not be in the future if the company's earnings fall. Equities analysts expect Saratoga Investment to earn $2.98 per share next year, which means the company may not be able to cover its $3.00 annual dividend with an expected future payout ratio of 100.7%. </p><div><p><span></span><span>Get <strong>Saratoga Investment</strong> alerts:</span></p></div><h2>Saratoga Investment Stock Performance</h2><p>Shares of Saratoga Investment stock traded up $0.06 during trading on Friday, hitting $23.03. 4,319 shares of the company's stock traded hands, compared to its average volume of 115,715. Saratoga Investment has a 1 year low of $21.10 and a 1 year high of $26.17. The business has a 50-day simple moving average of $22.50 and a 200-day simple moving average of $24.01. The stock has a market capitalization of $370.78 million, a P/E ratio of 9.88 and a beta of 0.54. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.29 and a quick ratio of 0.29. </p><p>Saratoga Investment (NYSE:SAR - Get Free Report) last posted its earnings results on Tuesday, October 7th. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.09). The company had revenue of $22.03 million for the quarter, compared to the consensus estimate of $32.39 million. Saratoga Investment had a net margin of 27.19% and a return on equity of 10.09%.  As a group, analysts forecast that  Saratoga Investment will post 3.93 EPS for the current year. </p><h2>Hedge Funds Weigh In On Saratoga Investment</h2><p>Several large investors have recently added to or reduced their stakes in the company. Cetera Investment Advisers purchased a new stake in shares of  Saratoga Investment in the first quarter worth $255,000.  LPL Financial LLC boosted its holdings in  Saratoga Investment by 1.6% in the 1st quarter. LPL Financial LLC now owns 88,665 shares of the financial services provider's stock worth $2,246,000 after buying an additional 1,361 shares during the period.  Connor Clark &amp; Lunn Investment Management Ltd. increased its stake in  Saratoga Investment by 147.7% in the 1st quarter. Connor Clark &amp; Lunn Investment Management Ltd. now owns 29,509 shares of the financial services provider's stock worth $747,000 after buying an additional 17,595 shares in the last quarter.  Ethos Financial Group LLC bought a new stake in  Saratoga Investment during the first quarter valued at about $1,153,000.  Finally, Trexquant Investment LP raised its holdings in  Saratoga Investment by 4.6% during the first quarter. Trexquant Investment LP now owns 66,974 shares of the financial services provider's stock valued at $1,696,000 after acquiring an additional 2,957 shares during the period. Hedge funds and other institutional investors own  19.09% of the company's stock. </p><h2>About Saratoga Investment</h2> (Get Free Report)<p>Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies. It structures its investments as debt and equity by investing through first and second lien loans, mezzanine debt, co-investments, select high yield bonds, senior secured bonds, unsecured bonds, and preferred and common equity.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Saratoga Investment</li><li>How to find penny stocks to invest and trade </li><li>Qualcomm Just Got Called an AI Loser—So Why Is It Rallying?</li><li>Stock Market Holidays 2022-2025 - Here’s When the NYSE and NASDAQ Will be Closed</li><li>2 Small-Cap Biotechs That Could Reward Patient Investors</li><li>How to Start Investing in Real Estate</li><li>Santa Claus May Be Coming Early for Palantir Investors</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/DividendChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNBUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/DividendChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNBUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Saratoga Investment Right Now?</h2><p>Before you consider Saratoga Investment, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Saratoga Investment wasn't on the list.</p><p>While Saratoga Investment currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Saratoga Investment Corp (NYSE:SAR) announced a monthly dividend of $0.25 per share, payable on January 22nd to stockholders of record on January 6th. The dividend yield is 13.0%, with an ex-dividend date of January 6th. Analysts expect earnings of $2.98 per share next year, potentially not covering the $3.00 annual dividend. The stock traded at $23.03, with a market cap of $370.78 million. Hedge funds own 19.09% of the stock. Saratoga specializes in various financing transactions for middle market companies.</p>

Saratoga Investment Corp Announces Monthly Dividend of $0.25 (NYSE:SAR)