Saratoga Investment Dividend Details: Key Insights Before Jun 5, 2025 Ex-Dividend Date

Saratoga Investment (SAR) recently announced a dividend of $0.250 per share, with the ex-dividend date set for Jun 5, 2025, and the dividend payment scheduled for Jun 24, 2025. This dividend is consistent with the previous payout on May 22, 2025, which was also $0.250 per share. The dividend type in both instances is cash dividend. Compared to the average of the last ten dividends, which stands at $0.646 per share, this latest dividend is lower.

Recently, Saratoga Investment Corp, a specialty finance company, reported a 4.7% increase in net asset value, driven by strategic deployment of $25.9 million in the fourth quarter of fiscal 2025. As of late, analysts have set new price targets for Saratoga Investment, with the stock currently holding an average rating of "Hold" and a price target of $24.58. Moreover, Saratoga Investment opened at $24.84 on May 30, 2025, showing slight volatility in its share price movement.

Over the past week, several institutional investors have adjusted their stakes in Saratoga Investment. Millennium Management LLC notably reduced its holding by 15.0% in the fourth quarter, while other firms like Promus Capital LLC and JPMorgan Chase & Co. acquired new positions. Institutional investors now own 19.09% of the company’s stock, reflecting shifts in shareholder dynamics.

In conclusion, Saratoga Investment continues to maintain its dividend payout strategy, with the ex-dividend date approaching on Jun 5, 2025. This date marks the last opportunity for investors to purchase the company's stock and qualify for the dividend. Any acquisitions made after this date will not be eligible for the current dividend distribution.