Main Street Capital

Main Street Capital is a principal investment firm that provides long-term debt and equity capital to lower middle market companies. Main Street's investments are primarily made to support management buyouts, recapitalizations, growth financings and acquisitions of companies that operate in diverse industry sectors and generally have annual revenues ranging from $10 million to $100 million. Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides ''one-stop'' financing alternatives to its portfolio companies.

Earnings data Q1 2021

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Earnings data Q4 2024

Main Street Capital achieves record-breaking performance and plans new fund launch

Main Street Capital delivered record-breaking performance in Q4 2022, with strong full-year results and a focus on shareholder returns through dividends. Despite challenges in the investment pipeline and potential credit quality issues, the company remains optimistic about generating new opportunities and maintaining a conservative approach to leverage. Main Street's emphasis on asset management and private loan strategies positions them well for future growth.

Main Street Capital achieves record Q1 results and plans dividend growth

Main Street Capital's Q1 performance reflects financial strength and growth potential, supported by a diversified portfolio and effective financing solutions. While facing challenges from economic uncertainties and rising expenses, the company is well-positioned to capitalize on opportunities for dividend growth, portfolio expansion, and team development.

Main Street Capital achieves record Q2 performance and eyes strategic growth

Main Street Capital delivered strong financial performance in Q2 2023, setting new records in key metrics and demonstrating growth across its investment strategies.
While facing challenges such as increased expenses and potential investment volatility, the company remains focused on shareholder value and strategic growth initiatives.
Opportunities lie in expanding the private loan fund, increasing the lower middle market portfolio share, and leveraging the strong performance of portfolio companies.
Overall, Main Street Capital's Q2 performance and strategic outlook position the company well for continued growth and value creation for shareholders.

Main Street Capital reports strong Q3 performance and growth opportunities

Main Street Capital delivered a strong Q3 performance with a focus on strategic investments and positive operating performance from portfolio companies.
Challenges included lower-than-expected investment activity and specific operating performance issues leading to increased nonaccruals.
Opportunities lie in continued acquisition growth strategies, adjusting marks post-transaction closes, and capitalizing on positive sentiment from portfolio companies.

Main Street Capital achieves record Q4 results and eyes growth

Main Street Capital delivered exceptional Q4 2023 results, marked by record achievements in various financial metrics and strong shareholder value enhancement.
The company's focus on maintaining financial stability, providing liquidity options, and optimizing investment strategies positions it well for growth and resilience.
While challenges like managing leverage and portfolio quality persist, Main Street's opportunities for growth through debt financing, acquisitions, and external manager contributions are promising.

Main Street Capital achieves record returns and plans dividend growth

Main Street Capital delivered strong financial performance in Q1 2024, driven by record returns on equity, NAV per share, and investment income, supported by diversified strategies and asset management.
While facing challenges such as yield compression and cautious market segments, the company remains focused on leveraging opportunities in private loans, deal activities, and fund expansions for sustainable growth.
Maintaining a conservative leverage profile and emphasizing the value of its asset management business, Main Street aims to navigate market dynamics and deliver consistent shareholder value.
With a record high net asset value per share and plans for dividend increases, Main Street Capital demonstrates financial strength, strategic resilience, and a commitment to shareholder returns.

Main Street Capital reports robust Q2 performance and strategic growth plans

Main Street Capital's Q2 2024 performance reflects strong financial metrics and strategic decisions to enhance shareholder value. While facing challenges in nonaccruals and fee adjustments, the company is well-positioned to leverage growth opportunities in its investment pipelines. Overall, Main Street's focus on portfolio expansion and prudent financial management bodes well for its future.

Main Street Capital reports strong Q3 performance and dividend growth

Main Street Capital delivered robust financial results in Q3 2024, showcasing strong performance across investments and asset management.
While facing challenges such as increased operating expenses and varying investment pipelines, the company remains well-positioned with a conservative leverage profile and liquidity.
Opportunities lie in recommending future dividends, anticipated strong performance in Q4, and capitalizing on investment opportunities in the lower middle market.

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In the closing of the recent trading day, Main Street Capital (MAIN) stood at $51.02, denoting a +0.06% change from the preceding trading day.

Here's Why Main Street Capital (MAIN) Gained But Lagged the Market Today

Agree Realty

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Long-term investing requires resilient businesses with strong fundamentals and exceptional management teams. Diversification is key when building a portfolio, with 10-15 stocks recommended for long-term investors. Three stocks, Agree Realty, Main Street Capital, and Visa, are highlighted for potential stellar returns over the next decade.

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Let's talk about monthly dividend payers today because, well, why waste our valuable time with stocks that only pay quarterly?

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Capital Southwest

We take a look at the action in business development companies through the third week of July and highlight some of the key themes we are watching. BDCs are down 2% this week, flat month-to-date, with OCSL underperforming and TPVG outperforming. Blue Owl acquires Atalaya Capital, marking its third recent acquisition, pushing into asset-based credit market to diversify its corporate lending business.

BDC Weekly Review: Private Lenders Are Flush With Cash

Main Street Capital is a top-performing business development company with a unique investing model and 16 dividends paid in the past twelve months. MAIN's stock price has appreciated by almost 25% over the past year, with record dividends and strong performance in a higher interest rate environment. MAIN recently published a forecast of second quarter earnings, which was relatively weak aside from DNII estimates.

Main Street Capital: 2 Reasons Not To Buy Right Now

HOUSTON , July 25, 2024 /PRNewswire/ -- MSC Income Fund, Inc. (the "Company") is pleased to announce that it has filed a Preliminary Proxy Statement (the "Special Proxy Statement") with the U.S. Securities and Exchange Commission (the "SEC") in connection with the Company's upcoming Special Meeting of Shareholders (the "Special Meeting"). The Special Proxy Statement details a series of proposals which the Company believes will position it to effectuate a listing of its shares of common stock on a national securities exchange (such as the New York Stock Exchange or NASDAQ Stock Market) (a "Listing"), which may be accompanied by a follow-on public offering of its shares, in each case if and when market conditions make it desirable to do so and if it is otherwise in the Company's and its shareholders' best interest.

MSC Income Fund, Inc. Files Preliminary Proxy Statement in Connection with Potential Listing of its Shares on a National Securities Exchange

Gladstone Capital

Monthly dividend stocks are attractive for income investors who are looking for more frequent payouts. Most stocks that pay dividends do so on a quarterly or semi-annual schedule.

Seeking Steady Payments? Try these 3 High-Yield Monthly Dividend Stocks

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After a terrible start to the year, mortgage REITs are hot in July. Don't tell ORC. They missed most of the rally. If only it was an opportunity to destroy book value. They're so good at that. Quick commentary on MAIN.

Mortgage REITs Surging

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We present a diversified yet simple portfolio of 6 stocks and one ETF with nearly 4% dividend yield. The portfolio has been designed for retirees and income investors whose needs are generally met with a 4% income yield. This portfolio is not meant for high-income investors. We believe the portfolio presented will likely provide market-matching total returns and at least 6% dividend growth over the long term, handily beating inflation.

7 Investments To Buy And Hold For Next 10 Years

Announces Second Quarter 2024 Earnings Release and Conference Call Schedule 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. In commenting on the Company's operating results for the second quarter of 2024, Dwayne L.

Main Street Announces Preliminary Estimate of Second Quarter 2024 Operating Results

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This is a head-to-head battle between two of the high yielders. Both are at least over 12%. This is a lesson in evaluating similar shares for differences in valuation. The emphasis here is on the change in valuation. These shares should have similar valuations, but they don't.

12%+ Dividend Yields Duel

Here is how Main Street Capital (MAIN) and Aegon NV (AEG) have performed compared to their sector so far this year.

Is Main Street Capital (MAIN) Stock Outpacing Its Finance Peers This Year?

HOUSTON , July 11, 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 second quarter of 2024, Main Street originated new or increased commitments in its private loan portfolio of $375.9 million and funded total investments across its private loan portfolio with a cost basis totaling $323.8 million.

Main Street Announces Second Quarter 2024 Private Loan Portfolio Activity

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I'm quite cautious on the BDC sector right now. However, there are still some interesting opportunities in the space. I discuss two of the most overrated BDCs right now as well as two of the most underrated BDCs.

2 Very Overrated And 2 Very Underrated BDCs

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Generating tax-efficient high yields is a major priority for many retirees. This article draws on three defensive sectors to build a tax-friendly portfolio. I share some of my favorite retirement income picks to build an 8%-yielding portfolio that should grow its payout at or faster than the rate of inflation.

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Big-yield BDCs are special. We share updated comparative data on over 40 of them. Among BDCs, Main Street Capital is special. But its price-to-book and dividend yield are often misunderstood by investors. After reviewing BDCs in general, and Main Street Capital in particular, we conclude with our strong opinion on investing.

Main Street Capital: 40+ Big-Yield BDCs Compared

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Total Commitments Increased to $1.110 Billion and Final Maturity of the Facility Extended to June 2029 HOUSTON , June 28, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce the amendment of its revolving credit facility (the "Corporate Facility"). The recently closed amendment provides an increase in total commitments from $995.0 million to $1.110 billion and an increase to the diversified group of lenders to 19 lenders, while maintaining an expanded accordion feature that allows for an increase up to $1.665 billion of total commitments from new and existing lenders on the same terms and conditions as the existing commitments.

Main Street Announces Amendment of its Corporate Credit Facility

Main Street Capital investors suffered a momentary pullback in May 2024. However, dip-buying has returned as investors prepare for a higher-for-longer Fed. Main Street Capital's NAV per share is expected to remain resilient, adding visibility to its dividends.

Main Street Capital: Higher-For-Longer Is Good News

Since the publication of my bullish article on Main Street Capital, the BDC has outperformed the sector. This is a bit of a surprise to me given that my expectation was that MAIN as a de-risked BDC would lag the index in the environment of a beta-push. However, if we assess the recent quarterly results more deeply, we will quickly recognize that it is only logical that MAIN has outperformed the BDC sector.

Main Street Capital: Still Plenty Of Reasons To Own This BDC

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Management tried to keep the dividend down. They have the cash to pay out. These shares ranked ahead of the common shares. We've invested in these shares before. Now we're doing it again. Except this time, we're putting even more money in.

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ROCHELLE PARK, N.J., June 19, 2024 (GLOBE NEWSWIRE) -- ZRG, a global talent advisory firm, today announced that it has successfully secured $120 million in debt financing from Main Street Capital Corporation and its affiliates. This significant funding will bolster ZRG's growth initiatives and enhance its ability to deliver innovative talent solutions to clients worldwide.

ZRG Secures $120 Million in Debt Financing from Main Street Capital

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Important Lessons Learned From My Latest Investing Mistakes

News for Main Street Capital Stock (MAIN)