MSCC(MAIN)
Search documents
Main Street Prices Public Offering of $300 Million of 6.50% Notes due 2027
prnewswire.com· 2024-05-28 21:10
HOUSTON, May 28, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it has priced an underwritten public offering of $300 million in aggregate principal amount of 6.50% notes due 2027 (the "Notes"). The Notes will bear interest at a rate of 6.50% per year, payable semiannually, will mature on June 4, 2027 and may be redeemed in whole or in part at Main Street's option at any time at par plus a "make-whole" premium, if applicable. The offering is sub ...
Main Street Capital: High Quality Comes At A High Premium
seekingalpha.com· 2024-05-25 07:19
JimSchemel Overview Main Street Capital (NYSE:MAIN) has been one of my best performing business development companies over the last few years. The current dividend yield sits at 6% and the distributions are issued out on a monthly basis. The total return from MAIN can be attributed to its strong price growth over the last few years as well as the consistent high rate of distribution raises and supplementals issued. Over a five year time frame we can see that the price has moved up nearly 20% while the total ...
Main Street Announces Follow-On Investment
Prnewswire· 2024-05-14 11:00
Invests $25.9 Million in Nebraska Vet AcquireCo, LLC to Support Acquisition HOUSTON, May 14, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it recently completed a follow-on investment totaling $25.9 million in Nebraska Vet AcquireCo, LLC, dba Heritage Vet Partners, P.C. ("Heritage" or the "Company"). Main Street completed the follow-on investment in Heritage to support the Company's acquisition of Muleshoe Animal Clinic, PLLC, Muleshoe Vet Labs ...
MSCC(MAIN) - 2024 Q1 - Earnings Call Presentation
2024-05-10 18:25
Main Street Capital Corporation NYSE: MAIN mainstcapital.com www.mainstcapital.com Page 4 Main Street Capital Corporation NYSE: MAIN mainstcapital.com www.mainstcapital.com Page 5 • Multi-faceted investment strategy supports growth of dividends over various cycles and markets $26.00 • mainstcapital.com Page 9 Investment Objectives • Access proprietary investments with attractive risk-adjusted return characteristics • Generate cash yield to support MAIN monthly dividend More relative liquidity than LMM and P ...
MSCC(MAIN) - 2024 Q1 - Earnings Call Transcript
2024-05-10 16:55
Main Street Capital (NYSE:MAIN) Q1 2024 Earnings Conference Call May 10, 2024 10:00 AM ET Company Participants Zach Vaughan – Dennard Lascar, Investor Relations Dwayne Hyzak – Chief Executive Officer David Magdol – President and Chief Investment Officer Jesse Morris – Chief Financial Officer and Chief Operating Officer Nick Meserve – Managing Director and Head of Main Street’s Private Credit Investment Group Conference Call Participants Bryce Rowe – B. Riley Securities Robert Dodd – Raymond James Mark Hughe ...
MSCC(MAIN) - 2024 Q1 - Quarterly Report
2024-05-10 15:05
Table of contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from: to Commission File Number: 001-33723 Main Street Capital Corporation (Exact name of registrant as specified in its charter) (State or other ...
Here's What Key Metrics Tell Us About Main Street Capital (MAIN) Q1 Earnings
Zacks Investment Research· 2024-05-10 00:01
For the quarter ended March 2024, Main Street Capital (MAIN) reported revenue of $131.61 million, up 9.4% over the same period last year. EPS came in at $1.05, compared to $1.02 in the year-ago quarter.The reported revenue represents a surprise of +2.82% over the Zacks Consensus Estimate of $128 million. With the consensus EPS estimate being $1.03, the EPS surprise was +1.94%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...
MSCC(MAIN) - 2024 Q1 - Quarterly Results
2024-05-09 20:29
Exhibit 99.1 NEWS RELEASE Contacts: Main Street Capital Corporation Dwayne L. Hyzak, CEO, dhyzak@mainstcapital.com Jesse E. Morris, CFO and COO, jmorris@mainstcapital.com 713-350-6000 • Net investment income of $89.8 million (or $1.05 per share) • Distributable net investment income of $94.4 million (or $1.11 per share) (1) • Total investment income of $131.6 million • An industry leading position in cost efficiency, with a ratio of total non-interest operating expenses as a percentage of quarterly average ...
Main Street Announces Third Quarter 2024 Regular Monthly Dividends, Including a Monthly Dividend Increase, and Supplemental Dividend Payable in June 2024
Prnewswire· 2024-05-07 11:00
Regular Monthly Dividends of $0.245 per Share for each of July, August and September 2024 Monthly Dividends Represent a 2.1% Increase Compared to Second Quarter 2024 and a 6.5% Increase Compared to Third Quarter 2023 Supplemental Dividend of $0.30 per Share Payable in June 2024 HOUSTON, May 7, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that its Board of Directors declared regular monthly cash dividends of $0.245 per share for each of July, August ...
Main Street Capital (MAIN) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
Zacks Investment Research· 2024-05-06 14:22
Analysts on Wall Street project that Main Street Capital (MAIN) will announce quarterly earnings of $1.03 per share in its forthcoming report, representing an increase of 1% year over year. Revenues are projected to reach $128 million, increasing 6.4% from the same quarter last year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a comp ...