Main Street Capital Co. (MAIN) to Issue Monthly Dividend of $0.30 on July 15th – Journal Global Online

Main Street Capital Co. (NYSE:MAIN – Get Free Report) proclaimed a monthly dividend on Monday, May 6th, NASDAQ reports. Investors of achievement on Monday, July 8th module be paying a dividend of 0.30 per deal by the playing services bourgeois on Monday, July 15th. This represents a $3.60 dividend on an annualized foundation and a dividend consent of 6.89%. The ex-dividend fellow is Monday, July 8th.

Main Street Capital has accumulated its dividend by an cipher of 18.7% per assemblage over the terminal threesome years. Main Street Capital has a dividend payout ratio of 74.6% message its dividend is sufficiently awninged by earnings. Analysts wait Main Street Capital to acquire $3.93 per deal incoming year, which effectuation the consort should move to be healthy to counterbalance its $2.94 punctuation dividend with an due forthcoming payout ratio of 74.8%.

Main Street Capital Stock Performance

Shares of NYSE MAIN unsealed at $52.25 on Friday. The consort has a hurried ratio of 0.10, a underway ratio of 0.10 and a debt-to-equity ratio of 0.11. The business’s 50 punctuation agitated cipher is $49.57 and its two-hundred punctuation agitated cipher is $46.90. The consort has a mart container of $4.48 billion, a P/E ratio of 9.53 and a beta of 1.29. Main Street Capital has a 12 punctuation baritone of $37.70 and a 12 punctuation broad of $52.30.

Main Street Capital (NYSE:MAIN – Get Free Report) terminal issued its quarterly earnings results on Thursday, May 9th. The playing services bourgeois reportable $1.05 EPS for the quarter, superior the consensus judge of $1.03 by $0.02. The consort had income of $131.61 meg for the quarter, compared to the consensus judge of $128.00 million. Main Street Capital had a convey on justness of 14.83% and a gain edge of 89.11%. During the aforementioned punctuation in the preceding year, the playing posted $1.02 EPS. On average, equities analysts wait that Main Street Capital module place 4.08 EPS for the underway year.

Wall Street Analyst Weigh In

MAIN has been the matter of individual past shrink reports. Royal Bank of Canada raised their toll direct on Main Street Capital from $48.00 to $52.00 and gave the hit an “outperform” judgement in a investigate inform on Tuesday, Apr 30th. Truist Financial raised their toll direct on Main Street Capital from $45.00 to $52.00 and gave the hit a “hold” judgement in a investigate inform on Monday, May 13th. Finally, B. poet boosted their toll neutral on Main Street Capital from $47.00 to $49.00 and gave the consort a “neutral” judgement in a investigate inform on Monday, May 13th. Five equities investigate analysts hit rated the hit with a stop judgement and digit has appointed a acquire judgement to the company’s stock. According to MarketBeat, the hit presently has a consensus judgement of “Hold” and a consensus toll direct of $48.20.

Read Our Latest Report on MAIN

About Main Street Capital

(Get Free Report)

Main Street Capital Corporation is a playing utilization consort specializes in justness top to modify region mart companies. The concern specializing in recapitalizations, direction buyouts, refinancing, kinsfolk realty planning, direction buyouts, refinancing, business consolidation, mature, after initiate aborning growth.

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