Main Street Capital prelim Q1 NII $1.04-$1.06/shr, DNII $1.10-$1.12/shr; NAV rises

Main Street Capital CORP

2024-Q1 EPS reported $1.05

Prelim NII $1.04-$1.06/shr and DNII $1.10-$1.12/shr; DNII exceeded total dividends paid by over 7.5%.
NAV per share estimate $29.51-$29.57, up 1.1%-1.3% from $29.20 after $0.30 supplemental dividend.
Generated quarterly annualized ROE of 16%-18% for Q1 2024.
LMM portfolio net increase $67M, private loan net increase $54.9M, middle market net decrease $21.9M.
Expects another supplemental dividend in Q2 2024 (eleventh consecutive quarterly supplemental).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Main Street Capital CORP reported first quarter of 2024 results: net income $1.04 to $1.06 per share.

Period: first quarter of 2024
Net income: $1.04 to $1.06 per share
Result: preliminary results

Exact text from the filing

Main Street’s preliminary estimate of first quarter 2024 net investment income (“NII”) is $1.04 to $1.06 per share

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1349 earnings releases filed in the last 30 days. Browse all earnings releases →

Main Street Capital CORP filing history →

Source: SEC EDGAR

accession 0001396440-24-000068

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