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.

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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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Invests $36.9 Million in Nello Industries Investco, LLC Generates $10.4 Million Realized Gain From the Partial Exit of Investments in a Lower Middle Market Portfolio Company HOUSTON , June 11, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it recently completed a new portfolio investment totaling $36.9 million to facilitate the management led buyout of Nello Industries, LLC ("Nello" or the "Company"), a manufacturer of engineered poles and towers for electric utility, telecommunications and other related wireless and electric transmission infrastructure applications. Main Street, along with its co-investor, partnered with the Company's founding management team to facilitate the management led buyout, with Main Street's investment including a combination of first lien, senior secured term debt and a direct equity investment.

Main Street Announces New Portfolio Investment and Partial Exit of Portfolio Investments in an Existing Portfolio Company

Ares Commercial Real Estate

AGNC Investment

Ares Capital

Blackstone Mortgage Trust

Chimera Investment

Capital Southwest

Dynex Capital

Ellington Financial

Franklin BSP Realty Trust Inc

Granite Point Mortgage Trust

Annaly Capital

New York Mortgage Trust

PennyMac Mortgage Investment

Ready Capital Corp

Rithm Capital Corp

Two Harbors Investment

We spotted a new baby bond that was particularly appealing. A discount to face value drove yields higher. When we consider these high-yielding investments, it's important to carefully compare them with other opportunities. We'll do that here. We closed out one of our other high-yielding positions to lock in a substantial gain.

9%+ Yields For Bigger Income

Cohen & Steers Infrastructure Fund Inc

The U.S. population of millionaires grew by 600K last year to 7.5 million, driven by the AI-fueled stock market rally. But most of those gains are likely from capital gains, and it's important to take a balanced approach to investing, combining growth stocks with income-generating assets. Main Street Capital and Cohen & Steers Infrastructure Fund are two picks that pay dividends on a monthly basis, providing income during market volatility.

I'm Locking 8% Yields From Monthly Dividends

We take a look at the action in preferreds and baby bonds through the last week of May and highlight some of the key themes we are watching. Preferreds had a good week and month, with most sectors finishing in the green. BDC Main Street is issuing a short-maturity bond with a make-whole provision. We highlight the broader BDC baby bond sector.

Preferreds Weekly Review: New Issuance In An Attractive Bond Sector

Amgen

Alerian MLP ETF

Brookfield Asset Management

Blackrock Inc

Camden Property

Cisco Systems

Chevron

Enbridge

Enterprise Products Partners

Energy Transfer LP Unit

Coca-Cola

Lockheed Martin

Mid-America Apartment Communities

Global X MLP ETF

MPLX

Realty Income Corp

ONEOK

PepsiCo

Pfizer

Schwab US Dividend Equity ETF

TC Energy

Texas Instruments

Verizon

W. P. Carey

Warren Buffett once opined on how to live off of dividends in retirement. We discuss a simple way to follow his advice on this. We also share how to further enhance the yield on this portfolio while still generating strong dividend growth and keeping risk low.

A Simple $1 Million Passive Income Portfolio For Retirement

Vici Properties

In this article, I list 3 stocks I think are great investments for millennial dividend investors looking to build an income-focused portfolio. All three are leaders in their respective industries and have track records of operational success that will likely continue for the long term. These 3 stocks are considered riskier investments as a result of their industries but offer investors dividend growth for the long term as a result of their well-covered dividends.

3 Higher-Yielding Stocks To Build A Portfolio For Millennials

Main Street Capital is a top-notch business development company with strong dividend growth and low operating costs. However, there is a storm of bad news brewing for the stock. We share our concerns and how investors may want to approach the stock moving forward.

Bad News For Main Street Capital Stock

Icahn Enterprises

Modiv

If you want your portfolio to pay you cash like clockwork, it's time to stop blindly following conventional wisdom like relying on Dividend Aristocrats.

Don't Miss These 3 Dividend Stocks to Buy in June

Agree Realty

Today, we are taking a look at two different investment choices for investors looking to grow their passive income. Not only do these two help to bring in passive cash flow, but they also pay monthly and have been growing their dividends over time. Investments that can grow their dividends over time help to provide even further compounding along with fresh capital that might be put to work.

2 Monthly Payers To Build Your Passive Income

HOUSTON , May 28, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it has priced an underwritten public offering of $300 million in aggregate principal amount of 6.50% notes due 2027 (the "Notes"). The Notes will bear interest at a rate of 6.50% per year, payable semiannually, will mature on June 4, 2027 and may be redeemed in whole or in part at Main Street's option at any time at par plus a "make-whole" premium, if applicable.

Main Street Prices Public Offering of $300 Million of 6.50% Notes due 2027

Conagra Brands

EPR Properties

USA Compression Partners

Income investors should pay special attention to high-yield dividend stocks, especially if these stocks are safe and are trading at a valuation with little downside risk. I think it is a good idea to sit on these discounted dividend stocks and let them compound rather than putting your money into some of the more overvalued names today.

The 7 Safest High-Yield Dividend Stocks to Hold Forever: May 2024

Kinder Morgan

AT&T

There are numerous stocks with safe and attractive high yields. There are several of them that we are avoiding right now, including a few that we recently sold. We share five that we are avoiding right now and also list a few that we are buying.

Five 6-9% Low-Risk Yields To Avoid In May 2024

Broadcom

American Express

Costco

Microsoft

Procter & Gamble

Walmart

Dividend stocks attract many investors due to their steady cash flow. Corporations with strong balance sheets tend to give out quarterly dividends and hike their payouts every year.

Dividend Dynamos: 7 Stocks With Rock-Solid Payouts Set to Soar

American Tower

Amazon

Alexandria Real Estate Equities

Bar Harbor Bankshares

Brookfield Infrastructure Partners L.P.

Brookfield Infrastructure

VanEck Vectors BDC Income ETF

Brookfield Corp

Crown Castle International

Cullen/Frost Bankers

Comcast

SPDR Gold Trust

InvenTrust Properties Corp

Rexford Industrial Realty

SPDR S&P 500 ETF Trust

Target

Vanguard Real Estate ETF

Essential Utilities

Utilities Select Sector SPDR Fund

My natural inclination is to save money and invest in dividend growth stocks, but it pays dividends to remember that the ultimate goal is the financial freedom to enjoy life. The article highlights the shift in market narrative from rate cuts to potential rate hikes, and the impact this has on stock prices. I maintain that the economy is in disinflationary mode, and the economic drag caused by fiscal largesse and government debt actually reinforces this.

9 Stocks I'm Buying In Late May

Main Street Capital has been a top-performing business development company with a 6% dividend yield and strong price growth. MAIN's portfolio is diverse and well-managed, with a focus on lower middle market companies and a high level of transparency in reporting. The company's financials show strong growth in net investment income and distributable net investment income, leading to consistent dividend increases and supplementals.

Main Street Capital: High Quality Comes At A High Premium

Hercules Capital

Payback period is an important measure of investment performance that is often overlooked, and in this article, I present 2 strong high-yielding picks. Capital Southwest and Brookfield Infrastructure Partners L.P. are two such stocks, with strong portfolio growth and operating performance. Capital Southwest has a diversified portfolio and efficient cost structure, while Brookfield Infrastructure Partners invests in mission-critical infrastructure assets. Both offer yields ranging from 5-9%.

2 Big Yields Firing On All Cylinders

Broadstone Net Lease

National Retail Properties

The "Sell in May and Go Away" trading pattern is unlikely to happen this month as the Dow surpasses 40,000 and the S&P 500 reaches all-time highs. As such, I believe the following 2 picks are good candidates for those seeking to 'Buy In May' and go away for a few months, perhaps on vacation. Both offer high yields that are well-supported by earnings, have strong balance sheets, and have the potential for capital appreciation.

Buy These 7-8% Yields In May And Go Away

Blackstone Secured Lending Fund

Blue Owl Capital Corp

While the broader BDC sector has materially underperformed the S&P 500 over time, there are a handful of BDCs whose total returns have left the S&P 500 in the dust. We examine the secret sauces that have enabled them to generate such impressive long-term outperformance and strong dividend growth. We also discuss which of them is the best buy today.

The Secret Sauce Of The Best-Performing BDCs

Caterpillar

Cheap dividend stocks can generate stable cash flow for long-term investors. The appeal behind these stocks is that you do not have to sell any shares to realize some of your returns.

3 Budget-Friendly Dividend Stocks to Bankroll Your Golden Years

Ares Management

Blackstone Group

Charlie Munger once said that saving $100,000 is a crucial first step towards financial independence. We discuss why this is and share a method for how to invest $100,000 once you reach that milestone. We share five funds and six stocks that can provide long-term, low-maintenance lucrative passive income and growth.

Invest $100,000 In A 7.2%-Yielding Dividend Snowball Portfolio

News for Main Street Capital Stock (MAIN)