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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The latest trading day saw Main Street Capital (MAIN) settling at $49.95, representing a +0.95% change from its previous close.

Main Street Capital (MAIN) Beats Stock Market Upswing: What Investors Need to Know

HOUSTON , Sept. 11, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it has priced an underwritten public offering of an additional $100 million in aggregate principal amount of its 6.50% notes due 2027 (the "Notes").

Main Street Prices Public Offering of $100 Million of 6.50% Notes due 2027

HOUSTON , Sept. 10, 2024 /PRNewswire/ -- MSC Income Fund, Inc. (the "Company") is pleased to announce that it recently filed a Definitive Proxy Statement (the "Definitive 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"), which will be held on Monday, December 2, 2024, in the East-West Conference Rooms at 1330 Post Oak Boulevard, 2nd Floor, Houston, Texas 77056, commencing at 9:00 a.m.

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

Plains All American Pipeline

Current high interest rates provide an opportunity for retirement investors to secure defensive and meaningful dividend yields before rates potentially decline. Main Street Capital offers a robust 8.4% dividend yield, supported by strong credit metrics, diversified portfolios, and a conservative leverage profile. Plains All American Pipeline provides a 7.3% yield, backed by stable cash flows, healthy CapEx, and substantial dividend coverage, with potential for future increases.

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Dividend Cut Alert: Bad News For BDCs

Main Street Capital (NYSE: MAIN) stock price is firing on all cylinders as it continues to outperform the S&P 500 index.  Its stock has risen by 15.7% this year while the S&P 500 index is up by over 17%.

Main Street Capital stock: beating BDCs and S&P 500, but there's a catch

Main Street Capital has a diversified portfolio, solid dividend coverage, and an internally managed structure, making it a top-tier BDC. MAIN's investments are primarily in first-lien debt and equity. It takes a conservative approach and a diversified portfolio across sectors, geographies, and company sizes. The company is well-prepared for the potential interest rate cuts, as there are three reasons to consider a double-edged sword due to MAIN's unique investment structure.

Hold On To Main Street Capital To Walk Through Interest Rate Changes Safely

Partnership to Accelerate Future Growth and Innovation of MoneyThumb's SaaS Document Evaluation Technology SAN DIEGO , Aug. 29, 2024 /PRNewswire/ -- MoneyThumb, a leader in automated document evaluation and fraud detection solutions announced today that it has been acquired by Iron Creek Partners LLC ("Iron Creek"), a private investment firm with a focus on investments in the software, data, communications, and business services industries. Iron Creek led the investment group, which also included Main Street Capital Corporation (NYSE: MAIN).

LEADING FINTECH MONEYTHUMB ACQUIRED BY IRON CREEK

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10 Big Dividend Growers For A Powerful Passive Income Snowball

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10% Or Higher Dividend Yields

MAIN has seen significant share price growth and returns due to elevated interest rates and high-yield dividends. The company operates as a business development company, or BDC, providing tailored debt and equity financing to lower-middle-market and middle-market companies without incurring external advisory fees. Despite a well-covered dividend, Main Street Capital's current valuation suggests caution, with the stock trading at a 63% premium to book value.

Main Street Capital: A Great Business At The Wrong Price

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Debunking 2 Common Myths About BDC Dividend Investing

Main Street Capital (NYSE:MAIN ) Q2 2024 Earnings Conference Call August 9, 2024 10:00 AM ET Company Participants Zach Vaughan - Dennard Lascar, Investor Relations Dwayne Hyzak - Member of the Board and Chief Executive Officer David Magdol - President and Chief Investment Officer Jesse Morris - Executive Vice President, Chief Financial Officer and Chief Operating Officer Nick Meserve - Managing Director and Head of Main Street's Private Credit Investment Group Conference Call Participants Robert Dodd - Raymond James Bryce Rowe - B. Riley Securities Mark Hughes - Truist Securities Operator Greetings.

Main Street Capital (MAIN) Q2 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Main Street Capital (MAIN) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Main Street Capital (MAIN) Reports Q2 Earnings: What Key Metrics Have to Say

Main Street Capital (MAIN) came out with quarterly earnings of $1.01 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.06 per share a year ago.

Main Street Capital (MAIN) Matches Q2 Earnings Estimates

Second  Quarter 2024 Net Investment Income of $1.01 Per Share Second  Quarter 2024 Distributable Net Investment Income (1)  of $1.07 Per Share Net Asset Value of $29.80  Per Share HOUSTON , Aug. 8, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce its financial results for the second quarter ended June 30, 2024. Unless otherwise noted or the context otherwise indicates, the terms "we," "us," "our" and the "Company" refer to Main Street and its consolidated subsidiaries.

MAIN STREET ANNOUNCES SECOND QUARTER 2024 RESULTS

HOUSTON , Aug. 8, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that its Board of Directors has promoted Ryan R. Nelson to Chief Financial Officer and Treasurer, Cory E.

Main Street Announces Promotions in its Finance, Accounting and Treasury Functions

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In July, we (my wife and I) received a dividend income total of $2,836.82. 2023 was up 24%. 7 months down in 2024 and the S&P 500 is still up almost 13%, despite the recent sell-offs. We have a high likelihood of a rate cut in September, but too much speculation is happening beyond that date. Time is ticking on that FOMC meeting.

Dividend Income: Lanny's July 2024 Summary

News for Main Street Capital Stock (MAIN)