Quarterly ResultMay 5, 2026, 04:26 PM
Saratoga Investment AUM +13.4% YoY, Annual ROE 9.1%; Dividend $3.74
AI Summary
Saratoga Investment Corp. reported its fiscal year 2026 and fourth quarter results, showing a 13.4% year-over-year increase in Assets Under Management to $1.109 billion and an annual Return on Equity of 9.1%, surpassing the previous year and industry average. The company also increased its annual dividend to $3.74 per share. Despite a decrease in NAV per share and Net Investment Income per share, the company achieved $101.1 million in net deployments for the fourth quarter and maintained low non-accruals.
Key Highlights
- Assets Under Management (AUM) increased 13.4% year-over-year to $1.109 billion.
- Annual Return on Equity (ROE) rose to 9.1% for fiscal 2026, up from 7.5% last year.
- Annual dividends per share increased to $3.74, including a $0.25 special dividend.
- Net Asset Value (NAV) increased 0.9% year-over-year to $396.2 million.
- Net deployments for Q4 fiscal 2026 were $101.1 million, supporting five new platforms.
- Non-accruals remained low at 0.2% of fair value and 1.2% of cost.
- Earnings per share for fiscal 2026 increased to $2.31 from $2.02 in fiscal 2025.
- Share Repurchase Plan extended to January 15, 2027, with 1.7 million shares authorized.
Price Impact
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