Dividend Information about Saba Capital Income: Everything You Need to Know before Its Ex-Dividend Date on Sep 10, 2025

Saba Capital Income (BRW) has announced a cash dividend of $0.0850 per share, with the ex-dividend date set for Sep 10, 2025. The dividend was declared on Aug 29, 2025, and will be paid to shareholders on Sep 30, 2025. This payout is significantly higher than the average of the last 10 dividends, which stood at $0.0462 per share. The last dividend was also announced on Aug 29, 2025, with the same amount and type of cash dividend. Investors should note that the ex-dividend date marks the last day to purchase the stock and still receive this dividend; any purchase after that date will not be eligible.

Over the past week, several developments have highlighted the dynamics affecting BRW’s valuation and performance. One significant report recently underscored that BRW has delivered a higher total return compared to SABA, primarily due to the latter’s underperformance in 2022. However, the discount on SABA has remained persistently wide compared to BRW, suggesting potential mispricing or differing market perceptions. Analysts have pointed out that despite BRW’s relative strength, the fund faces valuation challenges, including a declining net asset value and unsustainable 12–13% dividend yields. These payouts are largely driven by return-of-capital distributions, raising concerns about the fund’s long-term sustainability and its ability to maintain high yields without compromising capital preservation.

Since the last update, a new dividend announcement has been made, with BRW declaring a $0.085 per share payout, reaffirming its commitment to providing regular income to shareholders. This declaration, made on Sep 2, 2025, is in line with its recent performance and investor expectations. Source reported that BRW is a publicly traded closed-end management investment company, with its common shares listed on the New York Stock Exchange. The fund continues to attract attention from income-focused investors, though some remain cautious about its valuation metrics and the broader market environment for high-yield bond funds.

In conclusion, Saba Capital Income (BRW) has maintained its dividend-paying tradition, with a recent payout of $0.0850 per share, exceeding its 10-year average. Recent market analysis highlights both the fund’s relative outperformance and its valuation challenges, particularly concerning high dividend yields and declining net assets. Investors should carefully assess these factors before making any investment decisions. It is important to note that the ex-dividend date is Sep 10, 2025, meaning investors must purchase shares before this date to be eligible for the dividend. Any shares purchased on or after this date will not qualify for the current payout.