secwatch.observer — SEC 8-K summary
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Issuer:     SARATOGA INVESTMENT CORP. (SAR)
CIK:        0001377936
Form:       8-K
Filed at:   2025-07-08T23:59:59+00:00
Accession:  0001213900-25-062058
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Saratoga Investment Q1 adjusted NII up 17.9% QoQ to $0.66; ROE beats industry at 14.1% annualized
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- Adjusted NII per share $0.66, up 17.9% from $0.56 last quarter; total NII $10.1M.
- EPS $0.91 vs ($0.05) loss prior quarter; LTM ROE 9.3% beats BDC industry average 7.0%.
- NAV per share $25.52, down $0.34 QoQ; excluding one-time dividend policy change would be $26.02 (+0.6%).
- Base quarterly dividend of $0.75/sh declared for Q2 FY2026; 11.8% yield based on $25.44 stock price.
- New originations $50.1M in 2 new portfolio cos; repayments $64.3M; cash $224.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1377936/000121390025062058/0001213900-25-062058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1377936/000121390025062058/ea0248333-8k_saratoga.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-062058

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