SAZ Dividend History & Yield

Saratoga Investment Corp 8.50% · NYSE

Stock Finance Quarterly payer High yield
$25.18
-0.06% today
as of Sep 9, 2026
TTM yield
8.43%
$2.124/share over the last 12 months
Forward yield
8.43%
$2.124/share indicated annual rate
Annual dividend
$2.124
per share, forward
Per payment
$0.531
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
$0.531 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
3.3
since May 12, 2023
1y total return
+7.2%
price -1.2% + dividends 8.3%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Fri, Nov 13, 2026 (in 65 days) Nov 27, 2026 $0.531 $53.10 Estimated
Fri, Feb 12, 2027 (in 156 days) Feb 26, 2027 $0.531 $53.10 Estimated
Fri, May 14, 2027 (in 247 days) May 28, 2027 $0.531 $53.10 Estimated
Fri, Aug 13, 2027 (in 338 days) Aug 27, 2027 $0.531 $53.10 Estimated

Estimated dates and amounts are projected from SAZ's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $2.124 per share.

Dividend payment history

Last 14 payments per share. RegularSpecial

Last 14 payments per share from May 12, 2023 to Aug 14, 2026; most recent $0.531$0.00$0.30$0.60May 12, 2023: $0.277May '23Aug 14, 2023: $0.531Nov 14, 2023: $0.531Nov '23Feb 14, 2024: $0.531May 14, 2024: $0.531May '24Aug 15, 2024: $0.531Nov 15, 2024: $0.531Nov '24Feb 14, 2025: $0.531May 15, 2025: $0.531May '25Aug 15, 2025: $0.531Nov 14, 2025: $0.531Nov '25Feb 13, 2026: $0.531May 15, 2026: $0.531May '26Aug 14, 2026: $0.531

Annual dividends per share

Annual dividend per share by calendar year, 2023 to 2026 (year to date)$0.00$1.25$2.502023: $1.339$1.33920232024: $2.124$2.12420242025: $2.124$2.12420252026 (YTD): $1.593$1.5932026 YTD

How much SAZ do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month565$14,229$1,200
$500 / month2,825$71,144$6,000
$1,000 / month5,650$142,288$12,000

Based on the forward yield of 8.43%. $10,000 in SAZ would currently pay about $843 a year ($70 a month on average). Model reinvestment and growth →

SAZ dividend history

Download CSV
Ex-datePay dateAmountChange
Aug 14, 2026 $0.531 +0.0%
May 15, 2026 $0.531 +0.0%
Feb 13, 2026 $0.531 +0.0%
Nov 14, 2025 $0.531 +0.0%
Aug 15, 2025 $0.531 +0.0%
May 15, 2025 $0.531 +0.0%
Feb 14, 2025 $0.531 +0.0%
Nov 15, 2024 $0.531 +0.0%
Aug 15, 2024 $0.531 +0.0%
May 14, 2024 $0.531 +0.0%
Feb 14, 2024 $0.531 +0.0%
Nov 14, 2023 $0.531 +0.0%
Aug 14, 2023 $0.531 +91.7%
May 12, 2023 $0.277

SAZ dividend increases & cuts

Market-wide changes →

No change to SAZ'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

SAZ 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 8.50%

Sector: Finance. Industry: Investment Managers. First dividend on our records: May 12, 2023. 14 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

SAZ dividend FAQ

When is SAZ's next ex-dividend date?

SAZ'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 $0.531 per share, expected on Nov 27, 2026.

How often does SAZ pay dividends?

SAZ pays dividends every quarter, 4 times a year. The most recent payment was $0.531 per share with an ex-date of Aug 14, 2026.

What is SAZ's dividend yield?

SAZ's trailing 12-month dividend yield is 8.43%, based on $2.124 per share paid over the last year and a share price of $25.18. The forward yield, using the indicated annual rate of $2.124 per share, is 8.43%.

How much does SAZ pay per share?

SAZ pays about $0.531 per share each quarter, which works out to roughly $2.124 per share a year. 100 shares would collect about $212.40 a year.

Has SAZ grown or cut its dividend?

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

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

At the current forward yield of 8.43%, you would need about 565 shares of SAZ (roughly $14,229 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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