SAY Dividend History & Yield

Saratoga Investment Corp 8.125% · NYSE

Stock Finance Quarterly payer High yield
$25.09
+0.03% today
as of Sep 9, 2026
TTM yield
8.10%
$2.032/share over the last 12 months
Forward yield
8.10%
$2.032/share indicated annual rate
Annual dividend
$2.032
per share, forward
Per payment
$0.508
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Nov 13, 2026 Estimated
in 65 days
Next pay date
Nov 27, 2026
in 79 days
Last ex-dividend date
Aug 14, 2026
$0.508 per share
Payout ratio
n/a
not available
Market cap
n/a
P/E n/a
5y dividend CAGR
n/a
needs 6+ years of history
Growth streak
0 yrs
no current streak
Years paying
3.6
since Feb 14, 2023
1y total return
+6.4%
price -1.6% + dividends 8.0%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Fri, Nov 13, 2026 (in 65 days) Nov 27, 2026 $0.508 $50.80 Estimated
Fri, Feb 12, 2027 (in 156 days) Feb 26, 2027 $0.508 $50.80 Estimated
Fri, May 14, 2027 (in 247 days) May 28, 2027 $0.508 $50.80 Estimated
Fri, Aug 13, 2027 (in 338 days) Aug 27, 2027 $0.508 $50.80 Estimated

Estimated dates and amounts are projected from SAY's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $2.032 per share.

Dividend payment history

Last 15 payments per share. RegularSpecial

Last 15 payments per share from Feb 14, 2023 to Aug 14, 2026; most recent $0.508$0.00$0.30$0.60Feb 14, 2023: $0.44Feb '23May 12, 2023: $0.508Aug 14, 2023: $0.508Aug '23Nov 14, 2023: $0.508Feb 14, 2024: $0.508Feb '24May 14, 2024: $0.508Aug 15, 2024: $0.508Aug '24Nov 15, 2024: $0.508Feb 14, 2025: $0.508Feb '25May 15, 2025: $0.508Aug 15, 2025: $0.508Aug '25Nov 14, 2025: $0.508Feb 13, 2026: $0.508Feb '26May 15, 2026: $0.508Aug 14, 2026: $0.508Aug '26

Annual dividends per share

Annual dividend per share by calendar year, 2023 to 2026 (year to date)$0.00$1.25$2.502023: $1.964$1.96420232024: $2.032$2.03220242025: $2.032$2.03220252026 (YTD): $1.524$1.5242026 YTD

How much SAY do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month591$14,818$1,200
$500 / month2,953$74,088$6,000
$1,000 / month5,906$148,175$12,000

Based on the forward yield of 8.10%. $10,000 in SAY would currently pay about $810 a year ($67 a month on average). Model reinvestment and growth →

SAY dividend history

Download CSV
Ex-datePay dateAmountChange
Aug 14, 2026 $0.508 +0.0%
May 15, 2026 $0.508 +0.0%
Feb 13, 2026 $0.508 +0.0%
Nov 14, 2025 $0.508 +0.0%
Aug 15, 2025 $0.508 +0.0%
May 15, 2025 $0.508 +0.0%
Feb 14, 2025 $0.508 +0.0%
Nov 15, 2024 $0.508 +0.0%
Aug 15, 2024 $0.508 +0.0%
May 14, 2024 $0.508 +0.0%
Feb 14, 2024 $0.508 +0.0%
Nov 14, 2023 $0.508 +0.0%
Aug 14, 2023 $0.508 +0.0%
May 12, 2023 $0.508 +15.5%
Feb 14, 2023 $0.44

SAY dividend increases & cuts

Market-wide changes →

No change to SAY'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

Yield-trap heuristicLow risk

SAY scores 10/100 on our yield-trap heuristic (low risk).

1 warning flag raised:

  • Yield above 7%

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 8.125%

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.

SAY dividend FAQ

When is SAY's next ex-dividend date?

SAY'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 $0.508 per share, expected on Nov 27, 2026.

How often does SAY pay dividends?

SAY pays dividends every quarter, 4 times a year. The most recent payment was $0.508 per share with an ex-date of Aug 14, 2026.

What is SAY's dividend yield?

SAY's trailing 12-month dividend yield is 8.10%, based on $2.032 per share paid over the last year and a share price of $25.09. The forward yield, using the indicated annual rate of $2.032 per share, is 8.10%.

How much does SAY pay per share?

SAY pays about $0.508 per share each quarter, which works out to roughly $2.032 per share a year. 100 shares would collect about $203.20 a year.

Has SAY grown or cut its dividend?

Over the last year the regular payout changed +0.0%.

How many shares of SAY do I need to earn $100 a month?

At the current forward yield of 8.10%, you would need about 591 shares of SAY (roughly $14,818 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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