The most recent trading session ended with Main Street Capital (MAIN) standing at $51.57, reflecting a +0.45% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily loss of 0.33%. Meanwhile, the Dow experienced a drop of 0.22%, and the technology-dominated Nasdaq saw a decrease of 0.56%.Prior to today's trading, shares of the investment firm had gained 2.54% over the past month. This has outpaced the Finance sector's loss of 5.18% and the S&P 500's gain of 1 ...

Income Investment Strategy - The income aspect of investing is crucial for offsetting living cost increases, especially in a high inflation environment [1] - A hybrid investment strategy combining classic dividend growth stocks, Business Development Companies, REITs, and Closed End Funds can enhance investment income while achieving total returns comparable to traditional index funds [1] - The approach aims to inspire average workers that early retirement is achievable without compromising portfolio safety [1]

Announces Third Quarter 2024 Earnings Release and Conference Call Schedule HOUSTON, Oct. 15, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the third quarter of 2024 and its third quarter 2024 earnings release and conference call schedule. In commenting on the Company's operating results for the third quarter of 2024, Dwayne L. Hyzak, Main Street's Chief Executive Officer, stated, "We are pleased ...

HOUSTON, Oct. 10, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce the following recent activity in its private loan portfolio. During the third quarter of 2024, Main Street originated new or increased commitments in its private loan portfolio of $270.3 million and funded total investments across its private loan portfolio with a cost basis totaling $309.3 million. The following represent notable new private loan commitments and investments during the ...

Total Commitments Increased to $600.0 Million Final Maturity of the Facility Extended to September 2029 HOUSTON, Oct. 1, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that its wholly-owned subsidiary, MSCC Funding I, LLC ("MSCC Funding"), recently amended its special purpose vehicle revolving credit facility (the "SPV Facility"). The recently closed amendment provides an increase in total commitments from $430.0 million to $600.0 million, while main ...

Main Street Capital (MAIN) ended the recent trading session at $49.95, demonstrating a +0.95% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily gain of 0.54%. Elsewhere, the Dow gained 0.72%, while the tech-heavy Nasdaq added 0.65%. Shares of the investment firm have appreciated by 0.47% over the course of the past month, underperforming the Finance sector's gain of 4.89% and the S&P 500's gain of 4.86%. The investment community will be paying close attention to the earnin ...

HOUSTON, Sept. 11, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it has priced an underwritten public offering of an additional $100 million in aggregate principal amount of its 6.50% notes due 2027 (the "Notes"). The Notes are being issued at a premium to par at a public offering price of 102.134% of the principal amount per Note, resulting in estimated gross proceeds of approximately $102.1 million and a yield-to-maturity of 5.617%. The Notes ...

imagedepotpro Currently, while the interest rates are relatively high, it is still possible for retirement investors to lock in defensive and meaningful dividend yields. It is rather clear that the odds are very high that from here the interest rates will go only down. The question, of course, remains open as to how deep the forthcoming cuts will be and where the Fed will find the equilibrium. For example, if the Fed cuts circa 100 basis points and stops there for a long period of time, that would not be th ...

Dilok Klaisataporn If you are not new to Main Street Capital (NYSE:MAIN) or the BDC sector, please feel free to skip the first section of this article, as it was prepared with newcomers in mind. Let me brief you on what we have on the agenda today: My investment thesis (summary of what's next to come) Let's Talk Risk Before Tackling Return Potential MAIN's portfolio structure & diversification The matter of rising non-accruals Increased market volatility lurks behind the corner Three reasons why MAIN will m ...

Laurence Dutton Sometimes, everything seems to go right. In the case of Main Street Capital (NYSE:MAIN), that's certainly the case. · Interest rates are elevated, providing significant income opportunities for this business development company ("BDC"). · Despite elevated interest rates, the economy is still strong enough to support the interest payments that come with elevated rates. Thanks to these tailwinds, MAIN shareholders have been in a terrific place, as its share price has gone into overdrive since ...