US · USD
SAY
Saratoga Investment Corp 8.125%
- Day's range
- $25.11 – $25.21
- Day's volume
- $112.1K
- 52-week range
- $23.41 – $25.20
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See how SAY weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountSAY in numbers
- Market cap
- $411.1M
- P/E
- 26.07
- P/B
- 1.09
- Dividend yield (12m)
- 8.06%
The 12-month dividend yield of SAY is 8.06%, above its 5-year average of 7.94%.
SAY price history
SAY risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months |
|---|---|---|
| Return | +5.92% | +25.71% |
| Volatility (annualized) | 1.90% | 2.22% |
| Largest drawdown | -0.08% | -1.08% |
| Positive months | 10/12 | 30/36 |
How much did investing in SAY return?
$1,000.00 invested on 01/01/2023 would be worth $1,338.45 today.
- Value today in SAY
- $1,338.45
- Return over the period
- +33.85%
- Return per year
- +8.06%
- In the S&P 500
- $1,906.97
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
SAY fundamentals
Valuation
- P/E26.07
- P/B1.09
- EV/EBITDA—
- EV/EBIT—
- EV/Revenue—
- P/EBIT—
- P/S—
- P/OCF-2.81
- P/FCF—
- Earnings yield—
- PEG ratio—
- Earnings per share$0.97
- Book value per share$23.20
Debt
- Net debt$771.2M
- Net debt/EBITDA—
- Net debt/Equity2.04
- Debt/Equity2.16
- Current ratio—
- Quick ratio—
- Cash ratio—
Profitability
- ROE4.17%
- ROA1.32%
- ROIC—
- Payout210.18%
Growth
- Revenue CAGR (5 years)—
- Earnings CAGR (5 years)-29.24%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is SAY's fair price?
Two classic value formulas, with today's numbers. The current price is $25.20.
- Graham's fair price
- $22.47
- 10.86% below the price
√(22.50 × $0.97 × $23.20)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $33.49
- 32.87% above the price
$2.01 (3-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
SAY's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| P/E | 11.20 | 13.85 | 38.79 | 12.15 | — |
| P/B | 1.03 | 0.99 | 0.94 | 0.86 | — |
| Dividend yield | 6.05% | 8.03% | 8.03% | 7.77% | — |
| Earnings per share | $2.25 | $1.83 | $0.65 | $2.08 | — |
| Book value per share | $24.35 | $25.56 | $27.03 | $29.25 | — |
| ROE | 9.24% | 7.15% | 2.41% | 7.11% | 12.85% |
SAY's financial statements
| Line | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Net revenue | — | — | — | — | — |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| EBITDA | — | — | — | — | — |
| EBIT | — | — | — | — | — |
| Financial result | — | — | — | — | — |
| Income before tax | — | — | — | — | — |
| Income tax | $138.2K | -$412K | -$42.9K | $153K | $39.6K |
| Net income | $36.6M | $28.1M | $8.9M | $24.7M | $45.7M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does SAY pay dividends?
Dividend yield per year
- 7.77%2023
- 8.03%2024
- 8.03%2025
- 6.05%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 08/13/2026 | 08/31/2026 | $0.51 |
| Dividend | 05/14/2026 | 06/01/2026 | $0.51 |
| Dividend | 02/12/2026 | 03/02/2026 | $0.51 |
| Dividend | 11/13/2025 | 12/01/2025 | $0.51 |
| Dividend | 08/14/2025 | 09/02/2025 | $0.51 |
| Dividend | 05/14/2025 | 06/02/2025 | $0.51 |
| Dividend | 02/13/2025 | 02/28/2025 | $0.51 |
| Dividend | 11/14/2024 | 12/02/2024 | $0.51 |
| Dividend | 08/14/2024 | 09/03/2024 | $0.51 |
| Dividend | 05/13/2024 | 05/31/2024 | $0.51 |
| Dividend | 02/13/2024 | 02/28/2024 | $0.51 |
| Dividend | 11/13/2023 | 11/30/2023 | $0.51 |
See all 15 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 08/11/2023 | 08/31/2023 | $0.51 |
| Dividend | 05/11/2023 | 05/31/2023 | $0.51 |
| Dividend | 02/13/2023 | 02/28/2023 | $0.44 |
Questions about SAY
How much is SAY today?
SAY is at $25.20 (0.01% on the day), last traded on 10/05/2026.
How much did SAY pay in dividends in 2025?
SAY paid $2.03 per share in 2025, a dividend yield of 8.03%.
What are the P/E and P/B of SAY?
SAY trades at a P/E of 26.07 and a P/B of 1.09.
How much did SAY return in 12 months?
SAY returned 5.92% in 12 months, with annualized volatility of 1.90% and a largest drawdown of -0.08%.