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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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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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

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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

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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

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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

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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

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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

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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

Business development companies are popular income instruments with high dividend yields and perceived stability. However, there are some important lessons that I did not learn until after I had already been investing in BDCs for a while. I share three of the most important ones in this article that may help you avoid major disappointments when investing in BDCs.

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Main Street Capital (NYSE:MAIN ) Q1 2024 Earnings Conference Call May 10, 2024 10:00 AM ET Company Participants Zach Vaughan – Dennard Lascar, Investor Relations Dwayne Hyzak – Chief Executive Officer David Magdol – President and Chief Investment Officer Jesse Morris – Chief Financial Officer and Chief Operating Officer Nick Meserve – Managing Director and Head of Main Street's Private Credit Investment Group Conference Call Participants Bryce Rowe – B. Riley Securities Robert Dodd – Raymond James Mark Hughes – Truist Securities Eric Zwick – Hovde Group Operator Greetings, and welcome to the Main Street Capital First Quarter Earnings Conference Call.

Main Street Capital (MAIN) Q1 2024 Earnings Call Transcript

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High-yield dividend investing is a popular retirement strategy for its steady income, lower volatility, and potential to outperform the market. JPMorgan Equity Premium Income ETF offers an 8% yield but lacks dividend growth. Over a standard retirement, inflation is expected to be more than 100%. By combining JEPI with a portfolio of 10 blue-chip stocks yielding 7%, investors can achieve an 8% yield with stronger long-term dividend growth potential.

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Although the revenue and EPS for Main Street Capital (MAIN) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About Main Street Capital (MAIN) Q1 Earnings

First Quarter 2024 Net Investment Income of $1.05 Per Share First  Quarter 2024 Distributable Net Investment Income (1) of $1.11 Per Share Net Asset Value of $29.54 Per Share HOUSTON , May 9, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce its financial results for the first quarter ended March 31, 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 FIRST QUARTER 2024 RESULTS

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News for Main Street Capital Stock (MAIN)