SAR Dividend History & Analysis | 13% Yield

As of August 2026, SAR's dividend yield is 12.96%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 3.25 USD by the current share price of 19.09.

As of August 2026, SAR paid a dividend of 3.25 USD in the last 12 months. The last dividend was paid on 2026-09-03 and the payout was 0.25 USD.

SAR pays dividends monthly. Over the last 12 months, SAR has issued 13 dividend payments. The last dividend payment was made on 2026-09-03.

Based on historical data, the forecasted dividends per share for SAR for the next payments are between 0.133 (-46.8%) and 0.221 (-11.6%). This represents a significant dividend cut compared to the last payment. The expected Yield for the next 12 months is about 11.8%.

The latest dividend paid per share was 0.25 USD with an Ex-Dividend Date of 2026-09-03. The next Ex-Dividend date for Saratoga Investment (SAR) is 2026-08-05.

The next Ex-Dividend date for Saratoga Investment (SAR) is 2026-08-05.

SAR's average dividend growth rate over the past 5 years is -46.1% per year. Negative growth: SAR's dividend growth is negative and declining.

SAR's 5-Year Yield on Cost is 20.9%. If you bought SAR's shares at 14.87 USD five years ago, your current annual dividend income (3.25 USD per share, trailing 12 months) equals 20.9% of your original purchase price.

SAR Payout Consistency is 89.4%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Moderately consistent: Saratoga Investment has a good track record of consistent dividend payments over its lifetime.

SAR's 12.96% Dividend Yield is considered as extremely high. Investors should watch out for NAV decline.

The Dividend Payout Ratio of SAR is 45.7%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

SAR's Overall Dividend Rating is 21.15%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.