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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

AGNC Investment

AGNC Investment Corp. Deposit Shs Repr 1/1000th Cum Conv Red Pfd Registered Shs Series C

Blackstone Mortgage Trust

Chimera Investment

Capital Southwest

Dynex Capital

Ellington Financial

Gladstone Investment

Granite Point Mortgage Trust

Invesco Mortgage Capital

Invesco KBW Premium Yield Equity REIT ETF

Medical Properties Trust

Annaly Capital

New York Mortgage Trust

Realty Income Corp

Orchid Island Capital

PennyMac Mortgage Investment

Ready Capital Corp

Rithm Capital Corp

Sixth Street Specialty Lending

Two Harbors Investment

Big dividend yields? Yes. But that's not enough. One of the ETFs we love smashing seems to be struggling. Maybe buying yield blindly isn't a great technique. When you're investing, you need to start looking at relative values.

Big Yields Meet Big Trouble

Announces Federal Tax Treatment of 2023 Dividends Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Schedule HOUSTON , Jan. 17, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the fourth quarter of 2023, the federal tax treatment of its dividends paid in 2023 and its fourth quarter and full year 2023 earnings release and conference call schedule. In commenting on the Company's operating results for the fourth quarter of 2023, Dwayne L.

Main Street Announces Preliminary Estimate of Fourth Quarter 2023 Operating Results

HOUSTON , Jan. 16, 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 fourth quarter of 2023, Main Street originated new or increased commitments in its private loan portfolio of $136.8 million and funded total investments across its private loan portfolio with a cost basis totaling $160.4 million.

Main Street Announces Fourth Quarter 2023 Private Loan Portfolio Activity

HOUSTON , Jan. 10, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it has priced an underwritten public offering of $350 million in aggregate principal amount of 6.95% notes due 2029 (the "Notes"). The Notes will bear interest at a rate of 6.95% per year, payable semiannually, will mature on March 1, 2029 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 $350 Million of 6.95% Notes due 2029

Main Street Capital (MAIN) reachead $43.99 at the closing of the latest trading day, reflecting a +0.59% change compared to its last close.

Main Street Capital (MAIN) Increases Yet Falls Behind Market: What Investors Need to Know

Sixth Street Specialty Lending and Main Street Capital are two of the largest BDCs in terms of NAV value and trade at a premium to the BDC sector. The notion of valuation premium is fully justified given the defensive characteristics of the underlying portfolios, excellent dividend coverage, and size advantage. While both BDCs are attractive, there are several aspects, which render TSLX a better choice.

Switching Walk From Main Street Capital To Sixth Street Specialty Lending

CION Investment Corp

MAIN is an established blue-chip BDC that many consider to be the industry's gold standard. CION is a relative newcomer without much of a publicly traded track record to judge it by. That being said, CION trades at a meaningful discount to MAIN and has a bit of a different focus in its investment portfolio.

Main Street Capital Vs. CION Investment: Only One Is A Strong Buy

Archer-Daniels-Midland Company

Hormel Foods

Johnson & Johnson

Vanguard Dividend Appreciation ETF

Vanguard S&P 500 ETF

Vanguard High Dividend Yield ETF

Dividend Stock Watch List: Lanny's January 2024 Edition

Passive income investors may face more volatility in 2024 due to changes in central bank policy and the upcoming U.S. presidential election. Main Street Capital Corporation is a high-quality BDC with a proven track record and strong financial performance in 2023. Despite its high premium to net asset value, Main Street Capital is still a great income stock for 2024 with potential for dividend growth.

Main Street Capital: A Great Income Stock For 2024

In the latest trading session, Main Street Capital (MAIN) closed at $43.23, marking a -1.3% move from the previous day.

Main Street Capital (MAIN) Registers a Bigger Fall Than the Market: Important Facts to Note

Ares Capital

Bain Capital Specialty Finance Inc

Crescent Capital BDC Inc

FS KKR Capital Corp

Runway Growth Finance Corp

Trinity Capital

I've analyzed the performance of various BDCs in 2023 and specifically those with market caps over $100M.

Best BDCs Of 2023: Probably Not The Ones You Expected

Main Street Capital has a large, growing dividend that's paid monthly and regularly features special payouts on top of the ordinary payouts.

Main Street Capital Corp. - A Dividend Income Powerhouse

2023 has been a great year for mega-cap stocks, but a repeat performance in 2024 may be unrealistic due to elevated valuations. Income stocks like Main Street Capital, a well-diversified self-managed BDC, may be great for investors in 2024. MAIN has a strong balance sheet, efficient cost structure, alignment between management and shareholders, and an appealing yield and reasonable valuation.

Main Street Capital: Focus On Income In 2024

Including special dividends, Main Street Capital returned nearly 9% of its current share price to shareholders in 2023. The BDC's distributable net investment income per share and net asset value both surged higher in Q3. Main Street Capital's BBB- credit rating from S&P on a stable outlook provides it with a favorable cost of capital.

Main Street Capital: Buy This Blue-Chip BDC Showering Shareholders With Monthly Dividends

There are many paths to profit on Wall Street, but one of the best remains to buy high-yield dividend stocks. The regular income stream from these companies can juice your portfolio's returns beyond what's possible from simple capital appreciation.

3 Ultra High-Yield Dividend Stocks That Can Pay Your Rent Every Month

Compared to this past year, 2024 is expected to be much better for the economy, and that means it will look even better for the stock market. As we approach the new year, it is time to take a good look at your portfolio and look for stocks that fit your goals.

3 Monthly Dividend Stocks for Steady Income in 2024

Oaktree Specialty Lending

Main Street Capital and Oaktree Specialty Lending Corp are two great stocks for building a dividend snowball in 2024. MAIN offers a growing monthly dividend and has a well-diversified portfolio with a focus on first-lien loans. OCSL pays a quarterly dividend and has steadily increased its distributions over the years, and has materially improved since being taken over.

2 Stocks To Help Build Your Dividend Income In 2024

Arbor Realty Trust

Enterprise Products Partners

A formidable trio is worth looking for for investors looking for stable passive income. The first on the list has exceptional return on equity (ROE) and dividend growth, coupled with the second one's resilience amid challenges and consistent distribution hikes, forming a resilient backbone.

Unlock $10,000 in Passive Income With These 3 Stocks

Brookfield Infrastructure Partners L.P.

Brookfield Infrastructure

Duke Energy

Procter & Gamble

Dividend stocks can set you up for a wonderful, financially stress-free retirement. We discuss the four essential qualities that a dividend stock must have to make it a worthy holding in your passive income portfolio. We also discuss seven great stocks that meet these criteria.

The 4 Key Qualities Of Dividend Stocks That You Can Retire On

Interest rates have plunged since October 19th, 2023, which is significant for REITs. Some mortgage REITs have seen gains in book value due to a mix of interest rates and spreads. Blackstone Mortgage Trust was attacked by a bear.

Rates Plunge, REITs Rip, Bears Attack

American Express

Extra Space Storage

Microsoft

QUALCOMM

Exxon Mobil

Dividend investing is a lot easier than real estate. It takes less work to set up and manage a portfolio of reliable dividend stocks.

Boost Your Passive Income with 7 Reliable Dividend Stocks

EPR Properties

Real estate investment trust Realty Income is landlord to some of the retail industry's most resilient names. Consumers may say they're cash-strapped, but their spending continues to bode well for EPR Properties.

Believe It or Not, These Stocks Cut You a Monthly Paycheck

Apple

Bank of America

British American Tobacco

Mastercard

Philip Morris

Royal Bank of Canada

Schwab US Dividend Equity ETF

AT&T

TCP Capital

In this article, I will demonstrate how you could build a diversified dividend portfolio that blends dividend income with dividend growth, aiming towards achieving an attractive Total Return. I will use The Dividend Income Accelerator Portfolio as an example, and will show that it already successfully balances dividend income with dividend growth, striving to maximize investor benefits. I will explain in greater detail how this portfolio reduces risk for investors, thereby enhancing the probability of reaching attractive investment returns.

How To Build A High-Potential Dividend Portfolio Combining Dividend Income With Dividend Growth

Ellington Residential Mortgage REIT

Despite big yields, these shares are still cheap. Fat dividends that grow with short-term rates are a nice hedge. The yields are between 9% and 9.5% today, but they are due for a big dividend increase starting in March 2024. Bigger dividends should increase valuation.

13% Dividend Yield And 12% Upside

Agree Realty

Apple Hospitality REIT

Global X Superdividend ETF

STAG Industrial

One of the best ways to protect your portfolio, and generate consistent income is with monthly dividend stocks. In fact, with inflation starting to slowly cool off, some of the top beneficiaries, with respectable yields are real estate investment trusts (REITs).

7 Monthly Dividend Stocks to Buy and Hold for Steady Returns

News for Main Street Capital Stock (MAIN)