{"id":219,"date":"2015-05-14T21:37:47","date_gmt":"2015-05-14T21:37:47","guid":{"rendered":"http:\/\/henristeenkamp.com\/?p=219"},"modified":"2019-05-06T19:35:11","modified_gmt":"2019-05-06T19:35:11","slug":"saratoga-investment-corp-announces-a-special-dividend-of-1-00-per-share","status":"publish","type":"post","link":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/saratoga-investment-corp-announces-a-special-dividend-of-1-00-per-share\/","title":{"rendered":"Saratoga Investment Corp. Announces a Special Dividend of $1.00 per Share"},"content":{"rendered":"<p style=\"color: #375aa8\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/henristeenkamp.com\/wp-content\/uploads\/2015\/01\/Screen-Shot-2015-01-02-at-3.08.27-PM-e1420229462616-300x69.png\" alt=\"Henri Steenkamp Saratoga Investment Corp.\" width=\"496\" height=\"114\" class=\"aligncenter  wp-image-109\" \/><\/p>\n<p style=\"color: #00000\">NEW YORK,\u00a0May 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 that its Board of Directors has declared a special dividend of\u00a0$1.00\u00a0per share, payable on\u00a0June 5, 2015\u00a0to all stockholders of record at the close of business on\u00a0May 26, 2015. Shareholders will have the option to receive payment of the dividend in cash, or receive shares of common stock pursuant to the Company&#8217;s dividend reinvestment plan.<\/p>\n<p style=\"color: #00000\">&#8220;The payment of this special dividend, combined with our increasing quarterly cash dividends, will enable us to fulfill our requirements for dividend distributions as a\u00a0Regulated Investment Company\u00a0this year,&#8221; said\u00a0 Christian L. Oberbeck, Chairman and Chief Executive Officer of\u00a0Saratoga Investment. &#8220;Paying this special dividend now allows us to complete the transition from our prior dividend policy to our new policy implemented last fall of regular quarterly cash dividend payments, and to provide clarity on the form, timing and amount of this expected distribution to our shareholders.&#8221;<\/p>\n<p style=\"color: #00000\"><a href=\"http:\/\/ir.saratogainvestmentcorp.com\/releasedetail.cfm?ReleaseID=913324\" target=\"_blank\" rel=\"noopener noreferrer\">Read more in the latest press release.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK,\u00a0May 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 that its Board of Directors has declared a special dividend of\u00a0$1.00\u00a0per share, payable on\u00a0June 5, 2015\u00a0to all stockholders of record at the close of business on\u00a0May 26, 2015. Shareholders will have the option to receive [&hellip;]<\/p>\n","protected":false},"author":1176,"featured_media":0,"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":[2,3,8,9,10],"tags":[94,112,115],"class_list":["post-219","post","type-post","status-publish","format-standard","hentry","category-bdcs","category-blog","category-saratoga-newsletter","category-saratoga-posts","category-saratoga-press-releases","tag-press-release","tag-saratoga-investment","tag-saratoga-posts"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/wp\/v2\/posts\/219","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=219"}],"version-history":[{"count":0,"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/wp\/v2\/posts\/219\/revisions"}],"wp:attachment":[{"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/wp\/v2\/media?parent=219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/wp\/v2\/categories?post=219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/wp\/v2\/tags?post=219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}