How Many SAY Shares for $500 or $1,000 a Month?
At $2.03 a share a year, $500 a month takes about 2,953 SAY shares, about $75,065 at the Nov 10, 2026 close of $25.42. $1,000 a month takes about 5,906 shares, about $150,131. Before taxes, and only while the rate holds.
Saratoga Investment (SAY) pays $0.508 a share quarterly, $2.03 a year, a 7.99% run-rate yield at the Nov 10, 2026 close of $25.42. It has made 16 dividend payments since 2023.
At today’s rate of $0.508 quarterly and the last close of $25.42, this is what SAY pays before taxes, if the rate stays where it is:
| You hold | Each payment | Per month (avg) | Per year |
|---|---|---|---|
| 1 share | $0.508 | $0.17 | $2.03 |
| 100 shares | $50.80 | $16.93 | $203.20 |
| $10,000 invested (393.4 shares) | $199.84 | $66.61 | $799.37 |
| 2,953 shares ($500/mo) | $1,500.12 | $500.04 | $6,000.50 |
| 5,906 shares ($1,000/mo) | $3,000.25 | $1,000.08 | $12,000.99 |
With DRIP on, every payment buys more shares instead of landing as cash. 100 SAY shares reinvest into 2.00 new shares each payment, about 8.2 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 51 shares. Raises speed that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with SAY’s own history in the SAY DRIP calculator.
- Coverage (EPS): are profits enough to pay the dividend rating
- Coverage (FCF): is spare cash enough to pay the dividend rating
- Dividend vs cash flow + debt: is the dividend paid with borrowed money report
- Debt load: how much the balance sheet leans on borrowing rating
- Debt interest coverage: can profits easily pay the interest bill rating
- Liquidity: is there cash for debts due this year rating
- Earnings direction: are sales and profits growing or shrinking report
- Raise streak: how many years in a row it raised see details
- Years without a cut: how long since the last dividend cut see details
- Raise vs trend: are recent raises keeping their usual pace history
- Yield vs history: is today’s yield high or low versus its past rating
- Recession record: what the dividend did in past crashes history
SAY Dividend Yield Today vs Its 5-Year Range
- SAY yields 7.99% today, at the Nov 10, 2026 close of $25.42.
- Its own 3-year median is 8.03%, so today’s yield is below its usual level.
Where today ranks in its own history is in the paid report
How it works. Each month-end over the last 3 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.
When Is SAY’s Next Dividend? November 2026 Ex-Date and Pay Date
SAY’s next dividend is $0.5078 a share, declared, with the ex-date on Nov 13, 2026. Own SAY by the close on Nov 12, 2026 to collect it; shares bought on the ex-date or later do not get it. It pays on Nov 30, 2026. The latest one, $0.508 a share, went ex on Aug 14, 2026 and paid Aug 17, 2026.
- Ex-dates: about every 91 days (quarterly)
- Payment: usually about 3 days after the ex-date
- Next earnings report: Jan 13, 2027
Every payer going ex-dividend this week is on the dividend calendar.
How Often Does SAY Pay?
SAY pays quarterly, 4 times a year. Recent payments arrived in Feb, May, Aug and Nov, with ex-dates in Feb, May, Aug and Nov. The ex-date comes about every 91 days, and the cash usually lands about 3 days later.
- EPS payout: n/a (EPS negative) - $2.03 paid / -$0.25 EPS (4 quarters to Aug 31, 2026); own 4-yr norm 97.2% (median of 11 earlier trailing years)
SAY vs Similar Dividend Stocks (CBFV, EIC...)
Against the 10 dividend-paying Financial Services companies closest to SAY in market value, SAY’s 7.99% run-rate yield is above the group’s middle yield of 5.84%, and its raise streak of 0 years is the 9th longest. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.
| Ticker | Dividend ⓘ | Yield | Safety Rating | No cut ⓘ |
|---|---|---|---|---|
| SAY $25.42Saratoga Investment | $0.508/qtr$2.03/yr fwd | 7.99% | Dividend Safety Rating: paid plans only | 2+ yrsno raise streak |
| CBFV $40.34CB Financial Services | $0.28/qtr$1.12/yr fwd | 2.78% | Dividend Safety Rating: paid plans only | 21+ yrsraised 1 yr in a row |
| EIC $8.78Eagle Point Income Company | $0.11/mo$1.32/yr fwd | 15.03% | Dividend Safety Rating: paid plans only | 0 yrsno raise streak |
| CSBB $76.36CSB Bancorp | $0.45/qtr$1.80/yr fwd | 2.36% | Dividend Safety Rating: paid plans only | 8+ yrsraised 8+ yrs in a row |
| SAR $12.65Saratoga Investment | $0.25/mo$3.00/yr fwd | 23.72% | Dividend Safety Rating: paid plans only | 5 yrsno raise streak |
| PSBQ $51.80PSB Holdings | $0.18/half-yr$0.36/yr fwd | 0.69% | Dividend Safety Rating: paid plans only | 20 yrsraised 20 yrs in a row |
| LIEN $9.17Chicago Atlantic BDC | $0.34/qtr$1.36/yr fwd | 14.83% | Dividend Safety Rating: paid plans only | 1+ yrraised 1+ yr in a row |
| FCAP $63.29First Capital | $0.32/qtr$1.28/yr fwd | 2.02% | Dividend Safety Rating: paid plans only | 13 yrsraised 3 yrs in a row |
| LARK $32.28Landmark Bancorp | $0.21/qtr$0.84/yr fwd | 2.60% | Dividend Safety Rating: paid plans only | 30+ yrsraised 1 yr in a row |
| FCMGF $7.54Firm Capital Mortgage Investment | $0.0559/mo$0.67/yr fwd | 8.89% | Dividend Safety Rating: paid plans only | 8+ yrsraised 1 yr in a row |
| PNNT $3.38PennantPark Investment | $0.08/mo$0.96/yr fwd | 28.40% | Dividend Safety Rating: paid plans only | 5 yrsraised 1 yr in a row |
Yield and the safety rating are only half of it. See total returns with dividends reinvested, side by side: SAY vs CBFV, SAY vs EIC, SAY vs CSBB.
SAY Dividend History: Every Payment Since 2023
| Ex-date | Pay date | Amount | Frequency | Type |
|---|---|---|---|---|
| Nov 13, 2026 | Nov 30, 2026 | $0.5078 | Quarterly | Declared |
| Aug 14, 2026 | Aug 17, 2026 | $0.508 | Quarterly | Regular |
| May 15, 2026 | May 18, 2026 | $0.508 | Quarterly | Regular |
| Feb 13, 2026 | Feb 16, 2026 | $0.508 | Quarterly | Regular |
| Nov 14, 2025 | Nov 17, 2025 | $0.508 | Quarterly | Regular |
| Aug 15, 2025 | Aug 18, 2025 | $0.508 | Quarterly | Regular |
| May 15, 2025 | May 19, 2025 | $0.508 | Quarterly | Regular |
| Feb 14, 2025 | Feb 17, 2025 | $0.5078 | Quarterly | Regular |
| Nov 15, 2024 | Nov 18, 2024 | $0.5078 | Quarterly | Regular |
| Aug 15, 2024 | Aug 19, 2024 | $0.5078 | Quarterly | Regular |
| May 14, 2024 | May 16, 2024 | $0.5078 | Quarterly | Regular |
| Feb 14, 2024 | Feb 16, 2024 | $0.5078 | Quarterly | Regular |
| Nov 14, 2023 | Nov 16, 2023 | $0.5078 | Quarterly | Regular |
| Aug 14, 2023 | Aug 16, 2023 | $0.508 | Quarterly | Regular |
| May 12, 2023 | May 15, 2023 | $0.4401 | Quarterly | Regular |
| Feb 14, 2023 | Feb 16, 2023 | $0.5078 | Quarterly | Regular |
What the Dividend Safety Rating Means for SAY
SAY Dividend Questions
How often does SAY pay dividends?
SAY pays quarterly, 4 times a year. Recent payments arrived in Feb, May, Aug and Nov, with ex-dates in Feb, May, Aug and Nov. The ex-date comes about every 91 days, and the cash usually lands about 3 days later.
Does SAY pay dividends monthly?
No. SAY pays quarterly, 4 times a year. For payers that pay every month, see the monthly dividend stocks.
When is the next SAY dividend?
SAY’s next dividend is $0.5078 a share, declared, with the ex-date on Nov 13, 2026. Own SAY by the close on Nov 12, 2026 to collect it; shares bought on the ex-date or later do not get it. It pays on Nov 30, 2026. The latest one, $0.508 a share, went ex on Aug 14, 2026 and paid Aug 17, 2026. The current rate is $0.508 per share, $2.03 a year.
Does SAY pay a dividend in November 2026?
Yes. SAY declared $0.5078 a share with the ex-date on Nov 13, 2026, paying on Nov 30, 2026. Own SAY by the close on Nov 12, 2026 to collect it; shares bought on the ex-date or later do not get it.
How much does SAY pay per share?
SAY pays $0.508 a share quarterly, $2.03 a year. At the Nov 10, 2026 close of $25.42 that is a 7.99% run-rate yield, below its usual level: its own 3-year median is 8.03%.
Has SAY raised its dividend?
SAY has no current streak of yearly raises.
Is SAY’s dividend safe?
No rating can promise a future payment, but the record on file says a lot. It has gone 2+ years without a cut. This is data, not investment advice. The full 5-check rating comes with a plan.
How do I track my SAY dividends?
Add SAY to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run SAY in the DRIP calculator.
