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Stock impact report

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
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