SAJ Dividend History & Yield
Saratoga Investment Corp 8.00% · NYSE
Upcoming dividend payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Fri, Nov 13, 2026 (in 65 days) | Nov 27, 2026 | $0.50 | $50.00 | Estimated |
| Fri, Feb 12, 2027 (in 156 days) | Feb 26, 2027 | $0.50 | $50.00 | Estimated |
| Fri, May 14, 2027 (in 247 days) | May 28, 2027 | $0.50 | $50.00 | Estimated |
| Fri, Aug 13, 2027 (in 338 days) | Aug 27, 2027 | $0.50 | $50.00 | Estimated |
Estimated dates and amounts are projected from SAJ's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $2.00 per share.
Dividend payment history
Last 15 payments per share. RegularSpecial
Annual dividends per share
How much SAJ do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 600 | $15,075 | $1,200 |
| $500 / month | 3,000 | $75,375 | $6,000 |
| $1,000 / month | 6,000 | $150,750 | $12,000 |
Based on the forward yield of 7.96%. $10,000 in SAJ would currently pay about $796 a year ($66 a month on average). Model reinvestment and growth →
SAJ dividend history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Aug 14, 2026 | — | $0.50 | +0.0% |
| May 15, 2026 | — | $0.50 | +0.0% |
| Feb 13, 2026 | — | $0.50 | +0.0% |
| Nov 14, 2025 | — | $0.50 | +0.0% |
| Aug 15, 2025 | — | $0.50 | +0.0% |
| May 15, 2025 | — | $0.50 | +0.0% |
| Feb 14, 2025 | — | $0.50 | +0.0% |
| Nov 15, 2024 | — | $0.50 | +0.0% |
| Aug 15, 2024 | — | $0.50 | +0.0% |
| May 14, 2024 | — | $0.50 | +0.0% |
| Feb 14, 2024 | — | $0.50 | +0.0% |
| Nov 14, 2023 | — | $0.50 | +0.0% |
| Aug 14, 2023 | — | $0.50 | +0.0% |
| May 12, 2023 | — | $0.50 | -27.4% |
| Feb 14, 2023 | — | $0.689 | — |
SAJ dividend increases & cuts
Market-wide changes →No change to SAJ's regular dividend detected in the last year of data.
Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.
Payout risk check
SAJ scores 30/100 on our yield-trap heuristic (moderate risk).
2 warning flags raised:
- Yield above 7%
- Payment was cut within the last 5 years
This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.
About Saratoga Investment Corp 8.00%
Sector: Finance. Industry: Investment Managers. First dividend on our records: Feb 14, 2023. 15 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.
SAJ dividend FAQ
When is SAJ's next ex-dividend date?
SAJ's next ex-dividend date is Nov 13, 2026 (in 65 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.50 per share, expected on Nov 27, 2026.
How often does SAJ pay dividends?
SAJ pays dividends every quarter, 4 times a year. The most recent payment was $0.50 per share with an ex-date of Aug 14, 2026.
What is SAJ's dividend yield?
SAJ's trailing 12-month dividend yield is 7.96%, based on $2.00 per share paid over the last year and a share price of $25.12. The forward yield, using the indicated annual rate of $2.00 per share, is 7.96%.
How much does SAJ pay per share?
SAJ pays about $0.50 per share each quarter, which works out to roughly $2.00 per share a year. 100 shares would collect about $200.00 a year.
Has SAJ grown or cut its dividend?
Over the last year the regular payout changed +0.0%. SAJ did cut a regular payment within the last 5 years.
How many shares of SAJ do I need to earn $100 a month?
At the current forward yield of 7.96%, you would need about 600 shares of SAJ (roughly $15,075 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.
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