MAIN dividend yield calculator – Main Street Capital Corp. Proves to be a Dividend Income Powerhouse
December 29, 2023
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Main Street Capital ($NYSE:MAIN) Corporation (MAIN STREET CAPITAL) has emerged as a dependable source of dividend income for investors. This dividend has been steadily increasing over the past few years, making it an attractive option for investors looking for consistent and reliable income from their investments. In addition to its high yield, MAIN STREET CAPITAL also offers investors the potential for long-term growth. With a portfolio of high-quality investments, Main Street Capital has positioned itself as an attractive option for investors seeking capital appreciation over the long-term.
The company has also been steadily growing its asset base over the years, indicating that it is well-positioned for future growth. With its highly diversified portfolio and steady growth potential, Main Street Capital is an attractive option for investors who are seeking to benefit from both short and long-term capital appreciation.
Dividends – MAIN dividend yield calculator
Main Street Capital Corporation (MAIN STREET CAPITAL) has been issuing a consistent stream of dividends with increasing amounts over the past three years. Investors are likely to be enticed by MAIN STREET CAPITAL’s dividend yields from 2021 to 2023, which are estimated to be 7.78%, 6.31%, and 6.76% respectively. This amounts to an average dividend yield of 6.95%. If you are keen in dividend stocks, MAIN STREET CAPITAL should be on your list of consideration.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for MAIN. More…
| Total Revenues | Net Income | Net Margin |
| 483.8 | 395.69 | 81.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for MAIN. More…
| Operations | Investing | Financing |
| 142.04 | – | -126.15 |
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 |
| 4.47k | 2.1k | 28.33 |
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 |
| 29.4% | 11.5% | 5.9% |
Share Price
The stock opened at $43.2 and closed at $43.4, up 0.7% from the previous closing price of $43.1. This increase marks yet another strong performance by the company, showcasing its potential for investors looking to maximize their dividend income. MAIN STREET CAPITAL has been increasingly popular among investors due to its relatively high yield and steady dividend payments, making it a reliable source of income. Live Quote…
Analysis
After conducting an analysis of MAIN STREET CAPITAL’s wellbeing, it is clear that the company is strong in dividends and growth. Unfortunately, it is weak in assets and profitability. Based on our Star Chart, MAIN STREET CAPITAL is classified as ‘cheetah’, which means high revenue or earnings growth has been achieved, but the company is considered to be less stable due to lower profitability. As for the type of investors that may be interested in such a company, they would generally be individuals looking for high returns but without much concern for stability. It is important to also note that MAIN STREET CAPITAL has a low health score of 1/10. This is due to its cashflows and debt, and it is less likely for it to safely ride out any crisis without the risk of bankruptcy. More…
Peers
The competition between Main Street Capital Corp and its competitors is fierce. Carlyle Secured Lending Inc, Sierra Income Corp, and BlackRock TCP Capital Corp are all vying for a piece of the pie, and each company has its own unique strengths and weaknesses. Main Street Capital Corp has a strong reputation and a long history of success, but its competitors are not far behind. Carlyle Secured Lending Inc has a more diversified portfolio and a higher risk tolerance, while Sierra Income Corp has a more conservative approach and a focus on income-producing investments. BlackRock TCP Capital Corp is the newest player on the scene, but it has already made a name for itself with its innovative investment strategies.
– Carlyle Secured Lending Inc ($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 Corporation (MAIN) is an investment firm specializing in long-term debt and equity investments in small and lower middle-market companies. MAIN has a long history of generating excellent returns for its investors through its dividend income, capital appreciation, and tax benefits. This sturdy financial position provides MAIN with the ability to withstand volatility and sustain its dividend over the long-term. Overall, MAIN is an attractive option for income-seeking investors looking for long-term capital appreciation and dividend income.
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