Main Street Capital Corporation, on the other hand, currently offers an annual dividend yield of 7.7%. Dividend history includes: Declare date, ex-div, record, pay, frequency, amount. Main Street Capital Corporation (MAIN) Dividend History Main Street Capital … This type of program is quite simple. $10,000. Its private loan strategy issues debt to private companies introduced through strategic relationships or in collaboration with other investment funds. It doesn't have to happen all at once. Review MAIN (XNYS) dividend yield and history, to decide if MAIN is the best investment for you. Hand picked by analysts based on Dividend.com rating system. Main Street Capital Corporation operates as a debt and equity investor for lower middle market companies (those with $5-$50 million of annual revenues) seeking to transform their capital structures. Its operating costs as a percentage of total assets was roughly 1.25%. Better yet, Main Street Capital Corporation pays monthly dividends. Over the past year, Main Street Capital has seen its dividend payouts remain the same and its yields climb upward overall. With the addition of two semi-annual dividends, the current yield is 8%. Of course, economic headwinds, such as a recession, could impair some of its portfolio, creating pressure on both the dividend and stock price. It pays regular monthly dividends to shareholders from net investment income, or operating income. Is Dividend Investing Good for Millennials? Next, Main Street provides debt to larger middle-market companies. There are 30 stocks going ex-dividend this week starting Monday, April 16. Please help us personalize your experience. Talk about diversification! All stock quotes on this website should be considered as having a 24-hour delay. Find out how much your money can grow by using our Compounding Returns Calculator. Main Street receives regular installment payments over the life of the loan, just as you would expect with a mortgage or car payment. To account for that risk, Main Street's portfolio averages around 11.3%. That's a 6.8% yield on a stock trading around $43. With an average loan size of $10.7 million, the 62 companies in the private loan portfolio make up 25% of the total portfolio. Fwd Payout Ratio is used to examine if a company’s earnings can support the current dividend payment amount. A stock’s Earnings Growth rating evaluates a company’s expected. Based on its track record of performance, Main Street appears to be a solid dividend-yielding investment. Simply put, BDCs raise capital through debt and equity and then turn around to lend it out at a higher interest rate. Owning shares in a company means that Main Street is a partial owner. Additionally, four companies were sold so far in 2019. There are typically 12 dividends per year (excluding specials), and the dividend cover is approximately 1.0. Main Street Capital Corp Dividend policy No Change Price as of: JAN 04, 06:24 AM EDT $31.53 -0.73 -2.26% MAIN: NYSE (Stock) Main Street Capital Corp Dividend policy ... How much you could have earned from trading MAIN’s dividend. Importantly, as a result of the BDC structure, dividends are classified as both ordinary and Main Street Capital (NYSE: MAIN) declared a dividend payable on March 15, 2021 to its shareholders as of November 3, 2020. Main Street distributes dividends monthly and issues a supplemental dividend twice a year. However, the diversification across business segments, industries, and mix of debt and equity components should enable Main Street to flourish and weather any storms.Â. A company that pays out close to half its earnings as dividends and retains the other half of earnings has ample room to grow its business and pay out more dividends in the future. Main Street claims its internal management delivers significant cost advantages relative to its BDC peers and commercial banks. Dividend paying stocks like Main Street Capital Corporation tend to be popular with investors, and for good reason - some research suggests a significant amount of all stock market returns come from reinvested dividends.If you are hoping to live on the income from dividends, it's important to be a lot more stringent with your investments than the average punter. Monetizing the equity investments, however, remains quite a different story. Talk about diversification! Retirement news, reports, video and more. Certain financial information included in Dividend.com is proprietary to Mergent, Inc. ("Mergent") Copyright © 2014. The BDC has the capability to invest in both debt and equity, which gives it a significant advantage over companies who invest in private debt or private equity alone. Main Street Capital Corporation also invests in the private debt of middle … Dividend (TTM) is a widely used stock evaluation measure. Main Street Capital has a relatively simple dividend policy. Main Street says more than 175,000 lower middle-market businesses operate in the U.S. Main Street lends money to or directly invests in smaller, privately owned businesses that typically generate annual sales between $10 million to $150 million. It was also announced that shareholders of Main Street Capital's … Main Street paid off a $175 million loan this month. Main Street distributes dividends monthly and issues a supplemental dividend twice a year. Dividend stocks making payouts in the next 10 business days and have a history of rebounding in price shortly thereater. @themotleyfool #stocks $MAIN $AINV, Main Street Capital (MAIN) Q3 2020 Earnings Call Transcript, Main Street Capital (MAIN) Q2 2020 Earnings Call Transcript, Copyright, Trademark and Patent Information. Dividend Summary. A stock’s dividend reliability is determined by a healthy payout ratio that is higher than other stocks. Municipal bonds news, reports, video and more. Consecutive Years of Dividend Increase is the number of years in a row in which there has been at least one payout increase and no payout decreases. Main Street Capital started at outperform with $32 stock price target at RBC Capital Sep. 22, 2015 at 10:30 a.m. About Main Street Capital Corporation Main Street Capital is a principal investment firm that provides long-term debt and equity capital to lower middle market companies. MAIN Dividend History & Description — Main Street Capital Corp Main Street Capital is a principal investment firm primarily focused on providing debt and equity financing to lower middle market (LMM) companies and debt capital to middle market (Middle Market) companies. Industry thought leaders and expert market participants reinvested in similar BDC stocks have different payout.! 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