Main Street Capital Corp (NYSE:MAIN) dividends will reach $0.28 on Jun 26, 2018, and this is why.

June 17, 2018 - By Richard Conner

Main Street Capital Corporation (NYSE:MAIN) LogoInvestors sentiment increased to 1.15 in Q1 2018. Its up 0.10, from 1.05 in 2017Q4. It is positive, as 16 investors sold Main Street Capital Corporation shares while 46 reduced holdings. 23 funds opened positions while 48 raised stakes. 12.88 million shares or 7.02% less from 13.85 million shares in 2017Q4 were reported.
Janney Montgomery Scott Ltd Liability Corporation reported 17,661 shares. Sei Invests accumulated 7,021 shares or 0% of the stock. State Of Wisconsin Board, a Wisconsin-based fund reported 146,027 shares. 128 are owned by Delta Asset Mgmt Limited Liability Company Tn. 13,980 were reported by A D Beadell Invest Counsel. First City Capital Mngmt reported 0.34% in Main Street Capital Corporation (NYSE:MAIN). Howe & Rusling holds 0% or 333 shares. Tower Research Capital (Trc) reported 0.05% in Main Street Capital Corporation (NYSE:MAIN). Cap Advsr Ltd Limited Liability Company, Georgia-based fund reported 41,378 shares. Acadian Asset Mgmt Limited Company has invested 0% in Main Street Capital Corporation (NYSE:MAIN). The California-based Lpl Fincl Limited has invested 0.01% in Main Street Capital Corporation (NYSE:MAIN). National Asset Mngmt has 13,450 shares. Stifel accumulated 5,747 shares. Eagle Glob Ltd Co accumulated 0.02% or 16,400 shares. Hanson Mcclain Incorporated holds 0% of its portfolio in Main Street Capital Corporation (NYSE:MAIN) for 705 shares.

Main Street Capital Corp (NYSE:MAIN) is expected to pay $0.28 on Jun 26, 2018. Shareholders owning the stock before Jun 18, 2018 will be eligible to receive the payout. Based on Main Street Capital Corp’s current price of $38.80, the dividend is 0.71 %. This dividend’s record date is Jun 19, 2018 and the announcement date is Apr 19, 2018. The stock decreased 0.15% or $0.06 during the last trading session, reaching $38.8. About 202,311 shares traded. Main Street Capital Corporation (NYSE:MAIN) has risen 1.26% since June 17, 2017 and is uptrending. It has underperformed by 11.31% the S&P500.

Main Street Capital Corporation is a business development firm specializing in long- term equity and debt investments in small and lower middle market companies. The company has market cap of $2.31 billion. The firm focuses on investments in, subordinated loans, private equity, venture debt, mezzanine investments, mature, mid venture, industry consolidation, later stage, late venture, emerging growth, management buyouts, change of control transactions, ownership transitions, recapitalizations, strategic acquisitions, refinancing, business expansion capital, growth financings, family estate planning, and other growth initiatives primarily for later stage businesses. It has a 12.89 P/E ratio. It invests in consumer discretionary, consumer staples, energy, healthcare, industrials, information technology, materials, telecommunication services, and utilities sectors.

Main Street Capital Corporation (NYSE:MAIN) Ratings Coverage

Among 4 analysts covering Main Street Capital (NYSE:MAIN), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Main Street Capital had 4 analyst reports since February 26, 2018 according to SRatingsIntel. The company was initiated on Tuesday, March 27 by FBR Capital. The company was upgraded on Monday, February 26 by National Securities. The company was maintained on Monday, February 26 by SunTrust.

More notable recent Main Street Capital Corporation (NYSE:MAIN) news were published by: Fool.com which released: “Better Buy: Main Street Capital Corporation (MAIN) vs. Apollo Investment Corp. (AINV)” on May 22, 2018, also Seekingalpha.com with their article: “This 11.2% Yielding BDC Is Ready For Shareholder Activism” published on May 30, 2018, Fool.com published: “3 Stocks That Cut You a Check Each Month” on June 04, 2018. More interesting news about Main Street Capital Corporation (NYSE:MAIN) were released by: Seekingalpha.com and their article: “Main Street Capital: The Engine For American Growth” published on May 22, 2018 as well as Seekingalpha.com‘s news article titled: “Main Street boosts credit line by $70M, extends maturity to 2023” with publication date: June 06, 2018.

Main Street Capital Corporation (NYSE:MAIN) Institutional Positions Chart

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