Saratoga Investment Corp. Announces Fiscal First Quarter 2025 Financial Results

Saratoga Investment's annualized first quarter dividend of $0.74 per share and adjusted net investment income of$1.05 per share imply a 13.1% dividend yield and 18.6% earnings yield based on its recent stock price of $22.59 per share on July 8, 2024. This substantial overearning of the dividend by 31c this quarter, or$1.24 annualized per share, amply supports the increased level of dividends, increases Net Asset Value ("NAV"), supports increased portfolio growth and provides a cushion against adverse even ...