In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SAR is likely to continue, and whether the current estimated yield of 13.29% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SAR shares, versus its 200 day moving average:
Looking at the chart above, SAR's low point in its 52 week range is $20.78 per share, with $25.64 as the 52 week high point — that compares with a last trade of $22.55.
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According to the ETF Finder at ETF Channel, SAR makes up 1.62% of the Virtus Private Credit Strategy ETF (Symbol: VPC) which is trading higher by about 0.7% on the day Monday. (see other ETFs holding SAR).
Saratoga Investment Corp New is in our coverage universe of monthly dividend paying stocks. In Monday trading, Saratoga Investment Corp New shares are currently up about 2.4% on the day.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
