10 Best Dividend Stocks Yielding at Least 7% According to Analysts

8. Saratoga Investment Corp. (NYSE:SAR)

Upside Potential as of February 5: 8.8%

Dividend Yield as of February 5: 11.9%

Saratoga Investment Corp. (NYSE:SAR) is a New York-based capital market company that provides debt financing and equity capital to middle-market companies. In the past 12 months, the stock has surged by over 8.5%. The company recently reported early indications of a possible increase in mergers and acquisitions within the lower middle market. This trend was reflected in several repayments during the quarter, along with a notable rise in new originations. As in previous quarters, its strong market reputation and distinctive positioning, combined with ongoing efforts to strengthen relationships with sponsors, continue to create attractive investment opportunities from leading sponsors.

In fiscal Q3 2025, Saratoga Investment Corp. (NYSE:SAR) delivered strong results, reflected in key performance indicators. The company reported a quarterly return on equity (ROE) of 9.5%, while its trailing twelve-month ROE stood at 9.2%. In addition, net asset value (NAV) saw an increase of $2.8 million, rising from $372.1 million to $374.9 million. Although total investment income of $35.88 million marked a 1.27% decline from the previous year, it still exceeded analysts’ expectations by $977,920.

Saratoga Investment Corp. (NYSE:SAR) is one of the best dividend stocks on our list as the company has been growing its payouts for five consecutive years. The company offers a quarterly dividend of $0.74 per share and has a dividend yield of 11.9%, as of February 5.

Saratoga Investment Corp. (NYSE:SAR) was included in 3 hedge fund portfolios at the end of Q3 2024, the same as in the previous quarter, according to Insider Monkey’s database. The stakes held by these funds are worth over $6.5 million.