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SAJ Dividend

Saratoga Investment Corp 8.00%

NYSEFinancial ServicesStockData as of
Dividend yield
7.82%
Annual dividend
$2.00
Payout ratio
2.77
Frequency
Quarterly
Share price
$25.58
Market cap
$317M

Next payment

Ex-dividend date: Pay date: Amount: $0.5000

You must own the shares before the ex-dividend date to receive this payment.

Is SAJ a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

  • Yield is above the market median7.82% against a median of 2.78% across US dividend payers.
  • Paying out more than it earnsA payout ratio of 2.77 means the dividend exceeds reported earnings. That can be sustained for a while from cash reserves or borrowing, but not indefinitely.
  • No annual reduction on recordAcross 3 complete years of payment history, the total paid has never fallen year on year.

SAJ dividend history

Annual dividend per share, 2023 to 2025.

202320242025
Peak $2.00 in 2023Typical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 15 dividend payments for SAJ, most recent first.
Ex-dividend datePay dateAmountType
$0.5000Quarterly
$0.5000Quarterly
$0.5000Quarterly
$0.5000Quarterly
$0.5000Quarterly
$0.5000Quarterly
$0.5000Quarterly
$0.5000Quarterly
$0.5000Quarterly
$0.5000Quarterly
$0.5000Quarterly
$0.5000Quarterly
$0.5000Quarterly
$0.5000Quarterly
$0.6889Quarterly

How much would SAJ pay you?

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Calculate SAJ dividend income →

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Frequently asked questions

Does SAJ pay a dividend?
Yes. Saratoga Investment Corp 8.00% pays a quarterly dividend, currently yielding 7.82% based on trailing twelve-month payments of $2.00 per share.
How much does SAJ pay in dividends?
$2.00 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next SAJ ex-dividend date?
The next ex-dividend date on record is August 14, 2026, with payment on August 31, 2026. You must own the shares before the ex-dividend date to receive that payment.