# Saratoga Investment (SAR) — Dividends

SAR · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/sar/dividends

## Dividend summary

| Metric | Value |
| --- | --- |
| Frequency | monthly |
| Trailing 12 months | $3.25 |
| Forward yield | 21.35% |
| Growth streak | — |

Saratoga Investment pays a monthly dividend of $0.25 per share. The newest recorded distribution has an [ex-date](/instructions/learning/ex-dividend-date) of December 3, 2026, and a payment date of December 22, 2026. Over the trailing 12 months, Saratoga Investment paid a total of $3.25 per share, representing a dividend [yield](/instructions/learning/dividend-yield) of 22.08% at a share price of $14.7209. The company's dividend growth streak is currently listed at 0 years.

Historically, Saratoga Investment paid quarterly dividends before shifting to its monthly payment cadence of $0.25 per share in April 2025. Under the prior quarterly pattern, payments rose steadily from $0.40 in July 2020 to $0.74 in June 2024, including regular $0.01 quarterly increases throughout 2023. Annual payout totals for complete calendar years reflect this structure, with $1.81 paid in 2021, $2.81 in 2022, $2.82 in 2023, $3.30 in 2024, $3.24 in 2025, and $3.00 across 12 monthly payments in 2026.

Because the December 2026 payment is already declared, the next expected distribution under the monthly schedule would fall with an ex-date in early January 2027.

## Payment history

| Ex-date | Pay date | Amount per share |
| --- | --- | --- |
| Dec 3, 2026 | Dec 22, 2026 | $0.25 |
| Nov 5, 2026 | Nov 24, 2026 | $0.25 |
| Oct 6, 2026 | Oct 22, 2026 | $0.25 |
| Sep 3, 2026 | Sep 23, 2026 | $0.25 |
| Aug 5, 2026 | Aug 25, 2026 | $0.25 |
| Jul 6, 2026 | Jul 23, 2026 | $0.25 |
| Jun 4, 2026 | Jun 23, 2026 | $0.25 |
| May 5, 2026 | May 21, 2026 | $0.25 |
| Apr 7, 2026 | Apr 23, 2026 | $0.25 |
| Mar 3, 2026 | Mar 19, 2026 | $0.25 |
| Feb 4, 2026 | Feb 23, 2026 | $0.25 |
| Jan 6, 2026 | Jan 22, 2026 | $0.25 |
| Dec 2, 2025 | Dec 18, 2025 | $0.25 |
| Dec 2, 2025 | Dec 18, 2025 | $0.25 |
| Nov 4, 2025 | Nov 20, 2025 | $0.25 |
| Oct 7, 2025 | Oct 23, 2025 | $0.25 |
| Sep 4, 2025 | Sep 24, 2025 | $0.25 |
| Aug 6, 2025 | Aug 21, 2025 | $0.25 |
| Jul 8, 2025 | Jul 24, 2025 | $0.25 |
| Jun 5, 2025 | Jun 24, 2025 | $0.25 |

## Frequently Asked Questions

### Does Saratoga Investment (SAR) pay a dividend?

Yes. Saratoga Investment pays a monthly dividend; the most recent payment was $0.25 per share.

### What is SAR's dividend yield?

Saratoga Investment paid $3.25 per share over the trailing twelve months, a yield of 21.35% at the last price of $15.22. [Click here to learn more](https://www.lighthorse.io/instructions/learning/dividend-yield)

### When is SAR's next ex-dividend date?

Saratoga Investment's next ex-dividend date is Dec 3, 2026, payable on Dec 22, 2026.

### What is the difference between ex and payment dates?

An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. [Click here to learn more](https://www.lighthorse.io/instructions/learning/ex-dividend-date)

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Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).