{"id":143,"date":"2015-01-15T17:47:01","date_gmt":"2015-01-15T17:47:01","guid":{"rendered":"http:\/\/henristeenkamp.com\/?p=143"},"modified":"2019-05-06T19:35:18","modified_gmt":"2019-05-06T19:35:18","slug":"saratoga-investment-corp-third-quarter","status":"publish","type":"post","link":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/saratoga-investment-corp-third-quarter\/","title":{"rendered":"Saratoga Investment Corp. Announces Fiscal Third Quarter 2015 Financial Results"},"content":{"rendered":"<div class=\"xn-content\">\n<h2><a href=\"http:\/\/henristeenkamp.com\/wp-content\/uploads\/2015\/01\/Screen-Shot-2015-01-02-at-3.08.27-PM-e1420229462616.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/henristeenkamp.com\/wp-content\/uploads\/2015\/01\/Screen-Shot-2015-01-02-at-3.08.27-PM-e1420229462616.png\" alt=\"Henri Steenkamp\" class=\"aligncenter wp-image-109 size-full\" height=\"114\" width=\"491\" \/><\/a><\/h2>\n<h2>Saratoga Investment Corp. Announces Fiscal Third Quarter 2015 Financial Results<\/h2>\n<\/div>\n<div class=\"xn-content\">NEW YORK,\u00a0Jan. 14, 2015\u00a0\/PRNewswire\/ &#8212;\u00a0Saratoga Investment Corp. (NYSE: SAR) (&#8220;Saratoga Investment&#8221; or &#8220;the Company&#8221;), a business development company, today announced financial results for its 2015 fiscal third quarter.<\/div>\n<div class=\"xn-content\"><\/div>\n<p>&nbsp;<\/p>\n<h2>Summary Financial Information:<\/h2>\n<ul>\n<li>Net investment income on a weighted average per share basis of $0.50 for the quarter ended November 30, 2014. Adjusted for the incentive fee accrual related to net unrealized capital gains, the net investment income per share was $0.53, an increase of $0.10 per share since last quarter.<\/li>\n<li><span style=\"font-size: 13px\">Net investment income of $2.7 million for the quarter ended November 30, 2014. Adjusted for the incentive fee accrual related to net unrealized capital gains, the net investment income was $2.8 million.<\/span><\/li>\n<li><span style=\"font-size: 13px\">Net investment income yield as percentage of average net asset value (&#8220;Net Investment Income Yield&#8221;) was 9.0% for the quarter ended November 30, 2014. Adjusted for the incentive fee accrual related to net unrealized capital gains, the Net Investment Income Yield was 9.4% (including dividend income), an increase from 7.7% since last quarter.<\/span><\/li>\n<li><span style=\"font-size: 13px\">Return on equity was 11.5% for the quarter ended November 30, 2014, an increase from 10.6% since last quarter.<\/span><\/li>\n<li><span style=\"font-size: 13px\">Earnings per share was $0.64, an increase from $0.58 since last quarter.<\/span><\/li>\n<li><span style=\"font-size: 13px\">NAV was $122.3 million as of November 30, 2014, a $7.4 million increase from an NAV of $114.9 million as of February 28, 2014.<\/span><\/li>\n<li><span style=\"font-size: 13px\">NAV per share was $22.74 as of November 30, 2014, compared to $21.36 as of February 28, 2014.<\/span><\/li>\n<li><span style=\"font-size: 13px\">Investment portfolio activity for the quarter ended November 30, 2014 &#8211;<\/span>\n<ul>\n<li>Cost of investments made during the period: $30.6 million<\/li>\n<li><span style=\"font-size: 13px\">Principal repayments during the period: $26.8 million<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"text-align: center\"><span>Read the full press release at\u00a0<\/span><a href=\"http:\/\/ir.saratogainvestmentcorp.com\/releasedetail.cfm?ReleaseID=891380\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Saratoga Investment Corp<\/em><\/a><span>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saratoga Investment Corp. Announces Fiscal Third Quarter 2015 Financial Results NEW YORK,\u00a0Jan. 14, 2015\u00a0\/PRNewswire\/ &#8212;\u00a0Saratoga Investment Corp. (NYSE: SAR) (&#8220;Saratoga Investment&#8221; or &#8220;the Company&#8221;), a business development company, today announced financial results for its 2015 fiscal third quarter. &nbsp; Summary Financial Information: Net investment income on a weighted average per share basis of $0.50 for [&hellip;]<\/p>\n","protected":false},"author":1176,"featured_media":51,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_mi_skip_tracking":false,"footnotes":""},"categories":[3,8],"tags":[110,116,133],"class_list":["post-143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-saratoga-newsletter","tag-saratoga","tag-saratoga-press-release","tag-third-quarter"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/wp\/v2\/posts\/143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/wp\/v2\/users\/1176"}],"replies":[{"embeddable":true,"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/wp\/v2\/comments?post=143"}],"version-history":[{"count":0,"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/wp\/v2\/posts\/143\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/wp\/v2\/media?parent=143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/wp\/v2\/categories?post=143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/wp\/v2\/tags?post=143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}