Wed. Dec 11th, 2019

Saratoga Investment raises quarterly dividend to 56 cents a share from 55 cents

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Saratoga Investment Corp.

SAR, +0.33%

said Tuesday it is raising its quarterly dividend to 56 cents a share from 55 cents last quarter. The new dividend will be payable Sept. 26 to shareholders of record as of Sept. 13. The specialty finance company said it’s the 20th straight dividend increase starting at 18 cents a share in the third quarter of fiscal 2015. Shares were not yet active premarket, but have gained 23% in 2019, while the S&P 500

SPX, +1.10%

has gained 15%.

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