earnings
confidence high
sentiment positive
materiality 0.80
Saratoga Investment Q4 FY2024 adj NII $0.94/share; AUM $1.139B; dividend $0.73
SARATOGA INVESTMENT CORP.
- FY2024 NII per share $4.49 (+53% YoY); adjusted NII $4.10 (+44% YoY).
- Q4 NII $0.94/share, dividend $0.73 (16th consecutive quarterly increase).
- AUM rose 17.1% to $1.139B; originations $246.1M for the year.
- Portfolio marks down $13.8M on Pepper Palace and Zollege; NAV $27.12/share (vs $29.18).