For the quarter ended June 2024, Main Street Capital (MAIN) reported revenue of $132.15 million, up 3.6% over the same period last year. EPS came in at $1.01, compared to $1.06 in the year-ago quarter. The reported revenue represents a surprise of -0.35% over the Zacks Consensus Estimate of $132.62 million. With the consensus EPS estimate being $1.01, the company has not delivered EPS surprise. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expec ...

Regular Monthly Dividends of $0.245 per Share for each of October, November and December 2024 Supplemental Dividend of $0.30 per Share Payable in September 2024 HOUSTON, Aug. 6, 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 October, November and December 2024. These monthly dividends, which will be payable pursuant to the table below, total $0.735 per ...

t_kimura/E+ via Getty Images By Scott Kennedy, produced with Colorado Wealth Management Fund. Intro by CWMF Main Street Capital's (NYSE:MAIN) preliminary results, which include a very tight range, were slightly below our projections. Not a really big deal. Not changing our thesis. MAIN is a great BDC, but valuation is very important to investing. It's hard to secure that great entry point with MAIN because investors already know they're either the best BDC or one of the best BDCs. Due to valuation, we have ...

Main Street Capital (MAIN) ended the recent trading session at $51.02, demonstrating a +0.06% swing from the preceding day's closing price. This change lagged the S&P 500's 0.08% gain on the day. Elsewhere, the Dow saw a downswing of 0.12%, while the tech-heavy Nasdaq appreciated by 0.07%. Shares of the investment firm have appreciated by 0.99% over the course of the past month, outperforming the Finance sector's loss of 1.27% and the S&P 500's loss of 0.21%. The upcoming earnings release of Main Street Cap ...

HOUSTON, July 16, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the second quarter of 2024 and its second quarter 2024 earnings release and conference call schedule. Main Street's preliminary estimate of second quarter 2024 net investment income ("NII") is $1.00 to $1.02 per share and distributable net investment income ("DNII") is $1.06 to $1.08 per share.(1) Investment Portfolio Activity $323. ...

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has Main Street Capital (MAIN) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. Main Street Capital is one of 863 individual stocks in the Finance sector. Collectively, these companies sit at #11 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks w ...

D/E 1.0 13 11 1.2 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------|------------------------------------|-------|---------|------------------------|--------|--------|-------|---------------|--------|----------|-------|-----------|----------------------------------------------|-----------|---------| | Ticker | Company | Yield | YTD Ret | Price % of 52-wk Range | 2Y Ret | 5Y Ret | | 10Y Ret | Con to | Rtg Con | # of | | % of SY 1-5 Tgt Alyts P/B P/B Ra ...

ABOUT MAIN STREET CAPITAL CORPORATION Main Street (www.mainstcapital.com) is a principal investment firm that primarily provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies. Main Street's portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. Main Street seeks to partner with entrepreneurs, business owne ...

Investment in Nello Industries - Main Street Capital Corporation invested $36.9 million in Nello Industries, LLC to support a management-led buyout, which includes first lien, senior secured term debt and direct equity investment [1] - Nello Industries is a manufacturer of engineered steel poles and structures for electric utility and telecommunications markets, with a diverse product range [2] Exit from Existing Company - Main Street partially exited its investments in a Lower Middle Market portfolio company through the sale of the company's operating assets to a strategic acquirer, realizing a gain of $10.4 million [3][6] - The Existing Company, which specializes in decorative planters and home décor items, sold a subsidiary in May 2023, allowing it to focus on product innovation and customer service [4][5] Financial Performance - Main Street's investment in the Existing Company since March 2020 has yielded an annual internal rate of return (IRR) of 53.2% and a 4.6 times money invested (TMI) return on equity [6] - Cumulatively, including both debt and equity investments, Main Street achieved an IRR of 22.1% and a 1.7 TMI return [6] Company Overview - Main Street Capital Corporation primarily provides long-term debt and equity capital to lower middle market companies, focusing on management buyouts, recapitalizations, and growth financings [8] - The company targets portfolio companies with annual revenues between $10 million and $150 million [8]

Klaus Vedfelt Introduction Early last month I wrote an article titled: 5 Dividend Stocks To Build A Portfolio For Conservative Retirees you can read here. I covered 5 stocks that, in my opinion, were perfect for those seeking a reliable stream of income in retirement. But as we all may know; investing isn't just for retirees. The earlier you start, the better. Although I've been in the market for a while, I didn't get really serious about dividend investing until a few years ago, when I knew my military car ...