dividend
confidence high
sentiment positive
materiality 0.45
Main Street raises regular monthly dividend 2% to $0.25, adds $0.30 supplemental for Dec 2024
Main Street Capital CORP
- Regular monthly dividends of $0.25 per share for Jan/Feb/Mar 2025 total $0.75 per share, a 2.0% QoQ and 4.2% YoY increase.
- Supplemental cash dividend of $0.30 per share payable on Dec 27, 2024 to holders of record Dec 20, 2024.
- Combined dividends of $1.05 per share imply an annualized yield of 8.4% based on Nov 4, 2024 close of $49.95.
- Cumulative dividends paid since IPO in Oct 2007 total $43.675 per share; company has never reduced its regular monthly dividend.
- Supplemental dividend funded from undistributed taxable income as of Sep 30, 2024.