MSCC(US:MAIN) Prnewswire·2026-01-15 12:00Core Viewpoint - Main Street Capital Corporation reported strong preliminary operating results for the fourth quarter of 2025, achieving new records in key financial metrics and maintaining a positive performance trend over recent years [2]. Financial Performance - The preliminary estimate of net investment income (NII) for Q4 2025 is between $1.01 and $1.05 per share, while distributable net investment income (DNII) is estimated to be between $1.07 and $1.11 per share [3]. - The estimated return on equity for both the fourth quarter and the full year of 2025 is over 17% [5]. Net Asset Value - The preliminary estimate of net asset value (NAV) per share as of December 31, 2025, is between $33.29 and $33.37, reflecting an increase of $0.51 to $0.59 per share, or 1.5% to 1.8%, from the previous quarter [4]. Investment Activity - In Q4 2025, Main Street made total lower middle market (LMM) portfolio investments of $300 million, resulting in a net increase of $253.1 million in the total cost basis of the LMM investment portfolio [6]. - The company also invested $231.4 million in total private loan portfolio investments, leading to a net increase of $108.8 million in the total cost basis of the private loan investment portfolio [7]. Dividend Information - Main Street paid dividends totaling $4.23 per share in 2025, with approximately 8% classified as qualified dividends and 92% as ordinary income [8]. - For non-U.S. shareholders, approximately 47% of the dividends relate to "interest-related" dividends and short-term capital gains, which are exempt from U.S. withholding tax [9]. Upcoming Events - Main Street will release its fourth quarter and full year 2025 results on February 26, 2026, followed by a conference call on February 27, 2026, at 10:00 a.m. Eastern time [11].