Fiscal Q2 2024: Adj NII $1.08/sh, dividend $0.71, AUM $1.099B, NAV $28.44

SARATOGA INVESTMENT CORP.

2024-Q2 EPS reported $0.64

Net investment income $1.15/sh ($1.08 adjusted), up 86% YoY on adj. basis; EPS $0.65 vs ($0.02) last quarter.
Assets under management $1.099B, +15.1% YoY; originations $27.5M, repayments $6.0M.
Quarterly dividend raised to $0.71/sh (14th consecutive increase), up 31% YoY.
Pepper Palace markdown of $15.4M drove $5.7M net unrealized depreciation; 98.2% of loans at highest rating.
Raised $24.3M equity in Q2 via ATM at NAV; $10M additional post quarter-end.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SARATOGA INVESTMENT CORP. reported financial results for fiscal second quarter ended August 31, 2023.

Period: fiscal second quarter ended August 31, 2023
Result: reported results

Exact text from the filing

Saratoga Investment Corp. issued a press release announcing its financial results for the quarter ended August 31, 2023.

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SARATOGA INVESTMENT CORP. filing history →

Source: SEC EDGAR

accession 0001213900-23-081271

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