SARATOGA INVESTMENT CORP. NEW SAR

SARATOGA INVESTMENT CORP. NEW pays an annual dividend of $3.00 per share, a yield of 16.45% at the last closing price of $18.24. The most recent ex-dividend date was 2026-09-03 — investors must own shares before that date to receive the payment.

The payout ratio — the share of earnings paid out as dividends — is 306.12%. A ratio at this level means most earnings go to the dividend, which can limit flexibility if profits fall.