Company Name: Saratoga Investment Corp

Stock Symbol: SAR

Industry: Business Development Corporation (BDC)

Sector: Aerospace, financial services, manufacturing, and healthcare

Company Summary:

Saratoga Investment Corp., founded in 2007, operates as a business development company (BDC) specializing in financial services within the asset management sector. The company focuses on providing customized financing solutions to middle-market businesses across various industries including aerospace, financial services, manufacturing, and healthcare, among others. Saratoga structures its investments through a variety of debt and equity instruments such as first and second lien loans, mezzanine debt, and direct lending to companies typically with revenues ranging from $8 million to $250 million.

Why SAR is a Good Dividend Investment:

Investing in Saratoga Investment Corp. may appeal to dividend investors due to its consistent performance in dividend payouts supported by a solid investment strategy. The company has managed to maintain a stable dividend, reflecting its operational success and strategic management. As a BDC, Saratoga must distribute at least 90% of its taxable income to shareholders, which it has successfully done, providing appealing yield returns to its investors. This focus on middle-market investments with tailored financial solutions allows for potentially lower risk and stable returns, making it an attractive option for income-focused investors.

URLs:

Website: https://www.saratogainvestmentcorp.com/

Summary:

Overall, Saratoga Investment Corp. stands out as a solid choice for income investors due to its strong track record of financial performance and strategic position in the middle-market lending space. The company's approach to investment diversification and its commitment to high dividend payouts are well-aligned with the needs of investors seeking steady income streams. Saratoga's ability to navigate economic cycles and maintain a robust portfolio further underscores its potential as a prudent investment choice in the BDC category.

Reminder: past performance is not indicative of how an investment will perform in the future, before making any investment decisions based on this information, and/or the information contained on the website, refer to the TERMS OF SERVICES.

Back to Portfolio (subscriber access only)