Saratoga Investment (SAJ) Payout Ratio (2021 - 2026)
Saratoga Investment's (SAJ) quarterly Payout Ratio came in at 0.44 in Q2 2026, down 21.55% year-over-year from 0.56 in Q2 2025, and up 401.57% quarter-over-quarter from 0.14 in Q1 2026.
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Saratoga Investment (SAJ) Payout Ratio (2021 - 2026) Analysis & Trends
Saratoga Investment has disclosed Payout Ratio across 6 years of filings, most recently posting 0.44 for Q2 2026.
- In Q2 2026, Payout Ratio fell 21.55% year-over-year to 0.44; the TTM figure through May 2026 stood at 2.65 (down 1056.83% YoY), while the FY2026 annual figure was 4.24, down 1654.64% from the prior year.
- Payout Ratio came in at 0.44 for Q2 2026 at Saratoga Investment, up from 0.14 in the prior quarter.
- In the past five years, Payout Ratio ranged from a high of 4.25 in Q3 2023 to a low of 0.14 in Q1 2026.
- Average Payout Ratio over 5 years is 0.48, with a median of 0.24 recorded in 2024.
- Year-over-year, Payout Ratio jumped 1640.65% in 2023 and slumped 203.16% in 2026.
- Over 5 years, Payout Ratio stood at 0.19 in 2022, then grew by 16.96% to 0.22 in 2023, then decreased by 14.78% to 0.19 in 2024, then jumped by 91.0% to 0.36 in 2025, then gained by 20.18% to 0.44 in 2026.
- Per Business Quant data, the three most recent Payout Ratio figures were 0.44 in Q2 2026, 0.14 in Q1 2026, and 0.36 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ares Capital | 14.14 Bn | 13.76 Bn | - |
| 2 | Blackstone Secured Lending Fund | 5.70 Bn | 5.44 Bn | - |
| 3 | Blue Owl Capital | 5.54 Bn | 5.30 Bn | - |
| 4 | Main Street Capital | 5.29 Bn | 5.23 Bn | - |
| 5 | Blue Owl Technology Finance | 5.08 Bn | 4.87 Bn | - |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - |
| 7 | FS KKR Capital | 3.42 Bn | 3.31 Bn | - |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.01 Mn | - |
| 10 | Saratoga Investment | 409.08 Mn | 33.71 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 0.44 |
| Feb 28, 2026 | -0.14 |
| Nov 30, 2025 | 0.36 |
| Aug 31, 2025 | 0.38 |
| May 31, 2025 | 0.56 |
| Feb 28, 2025 | 0.14 |
| Aug 31, 2024 | 0.19 |
| May 31, 2024 | 0.22 |
| Feb 29, 2024 | 0.24 |
| Nov 30, 2023 | 0.22 |
| Aug 31, 2023 | 4.25 |
| May 31, 2023 | 0.18 |
| Feb 28, 2023 | 0.21 |
| Nov 30, 2022 | 0.19 |
| Aug 31, 2022 | 0.24 |
| May 31, 2022 | 0.27 |
| Feb 28, 2022 | 0.28 |
| Nov 30, 2021 | 0.29 |