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Saratoga Investment Corp. (SAR)

NYSE - NYSE Delayed Price. Currency in USD
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18.59-0.69 (-3.58%)
At close: 4:00PM EDT
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  • J
    Jochen
    Saratoga Investment (NYSE: SAR) reported Q2 EPS of $0.49, $0.23 better than the analyst estimate of $0.26.
  • B
    Bill
    Any word yet on when/if the dividend is going to be resumed? Don't they have to pay 90% distribution of cash by the end of the year?
    Neutral
  • m
    masum
    Novan, Inc.
    Novan is assessing in vitro the
    ability of our proprietary NITRICIL technology to inhibit the the replication mechanism of #SAR-COV -2. COVID 19

    ---
    Tweet from Novan
  • D
    Dan
    I need more cash to buy shares. Still an excellent opportunity to get a great stock at an extremely low valuation.
  • j
    john
    NEW YORK, Jan. 08, 2020 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) ("Saratoga Investment" or "the Company"), a business development company, today announced financial results for its 2020 fiscal third quarter. In addition, the Company announced that its Board of Directors has declared a dividend of $0.56 per share for the fiscal quarter ended November 30, 2019, payable on February 6, 2020, to all stockholders of record at the close of business on January 24, 2020.
    Bullish
  • D
    Dan
    A great quarter considering all the challenges. Looking forward very bullish.
    .40 dividend declared
    Co. Bought back stock at avg price Of $16.87. (200k shares)
    NAV at $25.11
    Bullish
  • S
    Sterve
    Interesting stock. I took a small position in July 2019. As of today between price increase and dividend, I'm up 10.8%. Just seems to quietly motor along.
    Bullish
  • B
    Burn
    Earnings of 1.37. Adjusted investment income of .61. Subsequent event of 1.51. But no dividend increase. Lots of available capital. Hope market can grasp
  • R
    ROBERTP
    Would anyone like to venture a guess as to when the next dividend announcement will take place? I was expecting around November 29th. Came & went.
  • A
    Anonymous
    Does anyone know why this stock has dropped so much? Thanks
    Bullish
  • B
    Bill
    Did I miss the div. announcement? Should be due. Does anyone know the X date?
    Thanks....
  • H
    Hmmm
    From 10Q:
    "Furthermore, while many BDCs have spillover obligations from prior years, representing taxable income from past obligations yet to be distributed, Saratoga Investment has historically managed its distributions conservatively so it is current with all spillover obligations, other than those related to our Easy Ice and Censis long-term capital gains. This therefore means that Saratoga Investment is not obligated to pay current dividends related to historical earnings and enabling preservation of precious liquidity in this challenging market environment.



    The Board of Directors has therefore decided to defer our dividend for the quarter ended February 29, 2020. We will continue to reassess this decision on at least a quarterly basis as we gain more visibility on the economy and business activities."
  • J
    Jochen
    Saratoga Investment Corp Dividend For SAR.N announcement: Normal cash dividend of 0.4 USD Declared: 07/09/2020 Payment: 08/12/2020 Record: 07/27/2020 Ex: 07/24/2020.
  • T
    Tom R
    As a Business Development company, are they not required to pay out 90% of taxable income? Either they work the books to show no taxable income, or they must pay out the dividend.
    Neutral
  • S
    Skiperdoodle
    Bummer, I try to live off of dividends, hate to see the cut, especially after such big profits.
    Bullish
  • J
    Jimmmer
    Someone in management should be calming fears. I have owned this stock for years it has an awesome qualified dividend. The yield is now 12.89%.
  • D
    David
    SAR declared a dividend. Within 12 months will go above $25
    Bullish
  • K
    Kevin
    Looks like I beat the current rush getting in at $23.50. With a 9% dividend I think I will stay around for a while. Just wish I had known about this earlier.
  • D
    Dan
    Love this stock. Increasing dividend, low PE, and steady appreciation.
  • J
    Jochen
    did i miss something yesterday?