Saratoga Investment Corp. Produces More Illusory Dividends With More Dilution [Seeking Alpha]
Saratoga Investment Corp New (SAR)
Last saratoga investment corp new earnings: 1/8 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
ir.saratogainvestmentcorp.com
Company Research
Source: Seeking Alpha
Saratoga Investment Corp. Produces More Illusory Dividends With More Dilution Summary I'm updating my previous analysis of Saratoga Investment Corp., which was controversial and upset a lot of readers. I stated SAR can't afford its high dividends. The most recent quarter continues this trend. Basic cash flow does not cover the cash dividends. Moreover, dilution to shareholders is now out of control. The company added 18% more shares this quarter. Since 2014, the company has increased shares over 70%. At some point, probably soon, the stock will start trading below book value as shareholders realize that the share issuance is paying for the dividends. Saratoga Can't Afford Its On a Basic Cash Flow Basis Saratoga Investment Corp. ( Saratoga Investment Corp.'s Dividend Yield is Illusory I follow stocks that essentially do the exact opposite as Saratoga. They pay both dividends out of real cash flow and also buy back stock rather than issue stock to reduce the shares outstanding. This ha
Show less
Read more
Impact Snapshot
Event Time:
SAR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SAR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SAR alerts
High impacting Saratoga Investment Corp New news events
Weekly update
A roundup of the hottest topics
SAR
News
- Saratoga Investment Corp. Announces Quarterly Dividend of $0.74 Per Share for the Fiscal Third Quarter Ending November 30, 2024 [Yahoo! Finance]Yahoo! Finance
- Saratoga Investment Corp. Announces Quarterly Dividend of $0.74 Per Share for the Fiscal Third Quarter Ending November 30, 2024GlobeNewswire
- BDC Weekly Review: Dividend Capture Is A Tough Gig [Seeking Alpha]Seeking Alpha
- Saratoga Investment Corp. (NYSE: SAR) had its price target raised by analysts at Compass Point from $24.75 to $26.25. They now have a "buy" rating on the stock.MarketBeat
- Saratoga Investment Corp. (NYSE: SAR) had its price target raised by analysts at Oppenheimer Holdings Inc. from $23.00 to $25.00. They now have a "market perform" rating on the stock.MarketBeat
SAR
Earnings
- 10/8/24 - Beat
SAR
Sec Filings
- 11/6/24 - Form 4
- 10/23/24 - Form 8-K
- 10/8/24 - Form 8-K
- SAR's page on the SEC website