Welcome to our dedicated page for Saratoga Invt news (Ticker: SAR), a resource for investors and traders seeking the latest updates and insights on Saratoga Invt stock.
Saratoga Investment Corp. reports recurring developments as a business development company that provides customized financing to U.S. middle-market businesses. Its updates center on senior and unitranche leveraged loans, mezzanine debt, selective equity investments, portfolio originations, asset growth, net investment income, net asset value, return on equity and credit quality across its investment portfolio.
Company news also covers dividend declarations, including monthly payments tied to quarterly base dividends, conference-call scheduling, shareholder voting matters and capital-structure activity. Financing updates include debt securities and note issuances used within the BDC's broader funding structure.
Saratoga Investment Corp (NYSE: SAR) entered an $85.0 million senior secured revolving credit facility with Valley National Bank as sole lead arranger and administrative agent, replacing a $65.0 million facility with Encina.
Key terms: facility size increased by $20.0 million, maturity extended to November 2028 (vs January 2026), initial draw of approximately $32.5 million with $52.5 million available, and an applicable margin of 2.85% per annum (no SOFR adjustment), ~150 bps lower than the prior all-in rate. The borrowing base now includes additional debt investments and cash withdrawals/advances may be requested with three business days' notice.
Saratoga Investment (NYSE: SAR) reported fiscal Q2 2026 results for the quarter ended August 31, 2025. Key metrics: NAV $410.5M (up $14.1M QoQ), NAV/share $25.61, AUM $995.3M, and cash $200.8M. Quarterly ROE was 13.8%, producing LTM ROE of 9.1% versus a BDC industry average of 7.3%. Adjusted NII was $0.58 per share and adjusted NII decreased versus prior periods. Net originations were $52.2M; portfolio fair value rose by $3.8M in the quarter. Only one investment remains on non-accrual, representing 0.2% of portfolio fair value. Total undrawn capacity and cash available totaled $406.8M.
Saratoga Investment Corp. (NYSE:SAR), a business development company, has scheduled its fiscal Q2 2026 financial results announcement for October 7, 2025, after market close. A conference call to discuss the results will be held on October 8, 2025, at 10:00 a.m. ET.
The company specializes in providing customized financing solutions to U.S. middle-market businesses, focusing on senior and unitranche leveraged loans, mezzanine debt, and equity investments. SAR manages significant assets, including two active SBIC-licensed subsidiaries, a $650 million CLO fund in wind-down, and co-manages a joint venture fund with a $400 million CLO fund.
Saratoga Investment Corp. (NYSE:SAR) has declared a quarterly dividend of $0.75 per share for Q3 fiscal 2026, to be paid in three monthly installments of $0.25 per share. The payments are scheduled for October 23, November 20, and December 18, 2025.
Based on the company's recent stock price of $24.54 (as of September 9, 2025), this dividend rate represents an annualized yield of 12.2%. The company maintains its consistent dividend distribution pattern, having paid regular quarterly dividends since fiscal 2023, with historical payments showing steady growth from $0.53 to the current $0.25 monthly rate.
Shareholders can receive payments in cash or opt for shares through the company's dividend reinvestment plan (DRIP), with the share price calculated at 95% of the average market price over the ten trading days preceding payment.
Saratoga Investment Corp. (NYSE:SAR) has announced the distribution of proxy materials for its 2025 Annual Meeting of Stockholders, scheduled for September 25, 2025, at 10:00 a.m. ET. The meeting will be held at Eversheds Sutherland's New York office.
Stockholders of record as of July 29, 2025, are eligible to vote. The company's Annual Report on Form 10-K and definitive proxy statement are available on Saratoga's Investor Relations website. The company emphasizes the importance of prompt voting to reduce solicitation costs.
Saratoga Investment Corp. (NYSE:SAR), a business development company, reported strong fiscal Q1 2026 results with significant improvements in key metrics. The company achieved a 17.9% increase in Adjusted NII per share to $0.66 and a 0.9% increase in NAV to $396.4 million. The quarterly ROE reached 14.1%, generating a last-twelve-months ROE of 9.3%, outperforming the BDC industry average of 7.0%.
The company maintained a robust portfolio of $968.3 million in AUM, with 86.9% in first lien debt. During Q1, SAR originated $50.1 million in new investments and received $64.3 million in repayments. The company declared a quarterly dividend of $0.75 per share, representing an 11.8% yield based on the July 7, 2025 stock price.
SAR's financial position remains strong with $224.3 million in cash available for new investments or debt repayment, while maintaining high portfolio quality with 99.7% of credits rated in their highest category.
Saratoga Investment Corp. (NYSE:SAR), a business development company, has scheduled to release its fiscal full year and fourth quarter 2025 financial results on May 7, 2025, after market close. The company will host a conference call to discuss the results on May 8, 2025 at 1:00 p.m. ET.
SAR specializes in providing customized financing solutions to U.S. middle-market businesses, primarily through senior and unitranche leveraged loans and mezzanine debt. The company owns two active SBIC-licensed subsidiaries and manages a $600 million CLO fund while co-managing a joint venture fund with a $400 million JV CLO. SAR maintains diverse funding sources and holds significant ownership positions in its CLO structures, including 52% of Class F notes and 100% of subordinated notes in the CLO, as well as 87.5% of various interests in the JV CLO.