Main Street Capital (MAIN) Dividend Growth History: By month or year. Stock Advisor launched in February of 2002. Review MAIN (XNYS) dividend yield and history, to decide if MAIN is the best investment for you. Compare MAIN to Popular Financials Sector Dividend Funds, Compare MAIN to Popular Financials Sector Dividend ETFs. Main Street Capital Corporation (MSCC) is a principal investment firm. View Payout Estimates For The Next 12 Months. On November 3, 2020, Main Street Capital (NYSE: MAIN) announced shareholders can expect to receive a dividend payable on March 15, 2021. Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. With an average loan size of $10.7 million, the 62 companies in the private loan portfolio make up 25% of the total portfolio. Main Street paid off a $175 million loan this month. Dividend (TTM) is a widely used stock evaluation measure. Main Street Capital Corporation (MAIN) Dividend History Main Street Capital … As of the end of the last quarter, the investment portfolio included 182 companies from more than 50 industries. Main Street Capital Corporation also invests in the private debt of middle … ET by Tomi Kilgore Dividend stocks are investing’s holy grail Additionally, four companies were sold so far in 2019. Learn from industry thought leaders and expert market participants. Over the past year, Main Street Capital has seen its dividend payouts remain the same and its yields climb upward overall. In contrast, larger-scale BDCs, like Apollo Investment, will invest in companies that have revenues ranging from $50 million to $2 billion. Main Street receives regular installment payments over the life of the loan, just as you would expect with a mortgage or car payment. the regular monthly dividend. (If Main Street sells an investment for more than it paid for it, the sale would result in realized gain, which funds its special dividends.) Find the latest Dividend (TTM) for Main Street Capital Corporation (MAIN) Is Dividend Investing Good for Millennials? Main Street adds more upside and risk when it takes sizable equity stakes in its portfolio companies. Main Street doesn't pay external management fees and boasts that its internal managed structure aligns the interests of management with shareholders. Make short-term dividend income. Get the latest Main Street Capital Corporation (MAIN) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. Of course, economic headwinds, such as a recession, could impair some of its portfolio, creating pressure on both the dividend and stock price. The stock will then go ex-dividend 1 … If a stock’s yield is above or near the market average then it will be rated higher within this parameter. Currently, the dividend yields $0.205 per share monthly, with a supplemental dividend … We like that. It was also announced that shareholders of Main Street Capital's … ... Main Street Capital Corp MAIN Morningstar Rating Rating as of Jan 1, 2021. Importantly, as a result of the BDC structure, dividends are classified as both ordinary and Dividend Summary. Main Street distributes dividends monthly and issues a supplemental dividend twice a year. That's a 6.8% yield on a stock trading around $43. Stockholders of record on Tuesday, January 5th will be given a dividend of 0.205 per share by the financial services provider on Friday, January 15th. For its BDC peers with over $500 million in total assets, that number exceeded 3%. Returns as of 01/06/2021. @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. Become a Premium Member to “stick” up to 3 rows and access more exclusive benefits. 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. A stock’s Dividend Uptrend rating is dependent on the company’s price-to-earnings (P/E) ratio to evaluate whether or not a stock’s dividend is likely to trend upward. That's quite an attractive number from the lender's perspective. Assuming those remain constant, that equates to $2.94 in dividends (12 x $0.205 plus 2 x $0.24) over the next 12 months. In addition to the lower middle market, Main Street has two other business segments. All stock quotes on this website should be considered as having a 24-hour delay. About Main Street Capital Corporation. Main Street Capital Corporation (MAIN) is a great example of this. MAIN Dividends Get information about Main Street Capital dividends and ex-dividend dates. BDCs pocket the difference between the borrowing and lending rates. While four companies were sold this year, Main Street's portfolio includes 67 equity ownership positions. The additional financing and the company's credit line of $750 million ensure that enough cash remains in the company's coffers to execute on its business. As I said, Main Street Capital stock is now a monthly dividend stock, and its current monthly payout of $0.205 per share comes out to $2.46 per share annualized. A stock’s dividend reliability is determined by a healthy payout ratio that is higher than other stocks. To make money as an equity owner, the portfolio company needs to either issue a dividend to its shareholders or sell the company. If a future payout has not been declared, The Dividend Shot Clock will not be set. Further, Main Street raised $9.3 million in the third quarter through its at-the-market (ATM) equity issuance program. The previous Main Street Capital Corporation dividend was 20.5c and it went ex 1 month ago and it was paid 19 days ago . Monetizing the equity investments, however, remains quite a different story. The next Main Street Capital Corporation dividend will go ex tomorrow for 20.5c and will be paid in 12 days . Municipal bonds news, reports, video and more. These bigger, more stable businesses help generate consistent income to support the dividend. As of the end of the last quarter, Main Street's portfolio included 182 companies from more than 50 industries. Portfolio management news, reports, video and more. Main Street Capital (NYSE:MAIN) provides both illiquid debt and equity funding, primarily to lower middle-market companies. $10,000. Main Street Capital (NYSE: MAIN) declared a dividend payable on March 15, 2021 to its shareholders as of November 3, 2020. Certain financial information included in Dividend.com is proprietary to Mergent, Inc. ("Mergent") Copyright © 2014. The major determining factor in this rating is whether the stock is trading close to its 52-week-high. Fixed income 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. Fwd Payout Ratio is used to examine if a company’s earnings can support the current dividend payment amount. Practice management news, reports, video and more. This should smooth out any rough patches as various industries cycle through prosperous and challenging times. Talk about diversification! Main Street put nearly $550 million to work in 52 companies, resulting in a weighted average yield of 8.9%. A cash dividend payment of $0.205 per share is … Browse our guide to explore. The holding period for investments can last many years. Enhance retirement outcomes with helpful tactics. Simply put, BDCs raise capital through debt and equity and then turn around to lend it out at a higher interest rate. The issuer, in this case Main Street, allocates a certain number of shares that it's willing to potentially sell. Stay up to date with timely dividend news. Main Street has effectively used ATMs to raise capital as far back as 2015. Build conviction from in-depth coverage of the best dividend stocks. Retirement news, reports, video and more. Its average ownership stake is 41%. Main Street says more than 175,000 lower middle-market businesses operate in the U.S. It pays regular monthly dividends to shareholders from net investment income, or operating income. A stock’s Earnings Growth rating evaluates a company’s expected. 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. Annualized Dividend is a standard in finance that lets you compare companies that have different payout frequencies. Helpful articles on different dividend investing options and how to best save, invest, and spend your hard-earned money. On November 3, 2020, Main Street Capital (NYSE: MAIN) announced shareholders can expect to receive a dividend payable on March 15, 2021. It provides great flexibility since the issuer can then decide when, how much, and at what price it will sell the shares into the market. Currently, the dividend yields $0.205 per share monthly, with a supplemental dividend of $0.24 per share. Dec 31, 2020 9:00AM EST M ain Street Capital Corporation (MAIN) will begin trading ex-dividend on January 04, 2021. 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