secwatch.observer — SEC 8-K summary
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Issuer:     SARATOGA INVESTMENT CORP. (SAR)
CIK:        0001377936
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001213900-26-052225
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Saratoga Investment FY2026 ROE 9.1% beats prior year; AUM up 13.4% to $1.11B
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- Annual ROE 9.1% vs 7.5% prior year and BDC industry avg of 4.3%; EPS $2.31 vs $2.02.
- AUM $1.109B (+13.4% YoY); NAV per share $24.42, down from $25.86 due to dividends exceeding NII.
- Total investment income $125.7M, down 15.5% YoY on lower SOFR rates and tighter spreads.
- Q4 originations $135.1M, net deployments $101.1M; non-accruals low at 0.2% of fair value.
- Quarterly dividend $0.75 per share for Q1 FY2027 ($0.25/month); FY2026 total $3.74 incl. $0.25 special.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1377936/000121390026052225/0001213900-26-052225-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1377936/000121390026052225/ea0289168-8k_saratoga.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-052225

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