MAIN dividend yield calculator – Main Street Capital Corp Announces 0.225 Cash Dividend
April 9, 2023
Dividends Yield
Main Street Capital ($NYSE:MAIN) Corp announced on April 1 2023 that it will pay a 0.225 cash dividend to its shareholders. If you’re looking for a reliable dividend stock to invest in, Main Street Capital is an excellent choice. For three consecutive years now, they have paid out an annual dividend per share of 2.62 USD, which translates to a dividend yield of 6.11% from 2022 to 2023. This dividend yield is steady and consistent at 6.11%.
The ex-dividend date for this is April 5 2023. This is an ideal opportunity for income investors to take advantage of a reliable dividend stock.
Market Price
The news sent stocks soaring, and MAIN STREET CAPITAL opened at $39.4 and closed at $39.8, up 0.7% from its prior closing price of $39.5. This increase reflects the market’s enthusiasm for the dividend announcement and further reinforces MAIN STREET CAPITAL’s commitment to rewarding its shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for MAIN. More…
| Total Revenues | Net Income | Net Margin |
| 331.15 | 241.61 | 73.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for MAIN. More…
| Operations | Investing | Financing |
| -246.94 | – | 263.43 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for MAIN. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.24k | 2.13k | 26.87 |
Key Ratios Snapshot
Some of the financial key ratios for MAIN are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 23.8% | – | – |
| FCF Margin | ROE | ROA |
| -74.6% | 8.1% | 3.9% |
Analysis – MAIN Intrinsic Value Calculation
At GoodWhale, we have conducted a thorough analysis of MAIN STREET CAPITAL’s financials and are pleased to share our findings with you. The fair value of MAIN STREET CAPITAL share that we have calculated by our proprietary Valuation Line is around $35.1. This means that the current market price of $39.8 is slightly overvalued by a margin of 13.2%. However, we believe that the company’s strong fundamentals and potential growth in the future justifies this overvaluation. We recommend investors to consider MAIN STREET CAPITAL as a good investment option in the mid-term. More…
Peers
The competition between Main Street Capital Corp and its competitors is fierce. Carlyle Secured Lending Inc, Sierra Income Corp, and BlackRock TCP Capital Corp are all vying for a piece of the pie, and each company has its own unique strengths and weaknesses. Main Street Capital Corp has a strong reputation and a long history of success, but its competitors are not far behind. Carlyle Secured Lending Inc has a more diversified portfolio and a higher risk tolerance, while Sierra Income Corp has a more conservative approach and a focus on income-producing investments. BlackRock TCP Capital Corp is the newest player on the scene, but it has already made a name for itself with its innovative investment strategies.
– Carlyle Secured Lending Inc ($NASDAQ:CGBD)
Carlyle Secured Lending Inc is a US based company that focuses on providing secured loans to borrowers. The company operates in two segments, Carlyle Lending and Carlyle Asset Management. Carlyle Lending offers loans to borrowers using real estate as collateral while Carlyle Asset Management provides loans against other types of collateral. As of 2022, Carlyle Secured Lending Inc had a market cap of 658.55M and a ROE of 7.86%.
– Sierra Income Corp ($NASDAQ:TCPC)
BlackRock TCP Capital Corp is a publicly traded business development company that focuses on providing financing solutions to middle market companies in the United States. The company has a market cap of 687.43 million as of 2022 and a return on equity of 4.28 percent. BlackRock TCP Capital Corp was founded in 1997 and is headquartered in Santa Monica, California.
Summary
MAIN STREET CAPITAL is a great investment option for those looking to add dividend stocks to their portfolio. Over the past three years, it has exhibited a consistent dividend yield of 6.11%, paying an annual dividend per share of 2.62 USD. The company’s strong track record of consistent dividend payments makes it an attractive option for those seeking to grow their returns over time.
Its solid financials provide investors with peace of mind that their funds are safe and secure. As such, MAIN STREET CAPITAL can be a reliable addition to any portfolio.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
