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@ShallowLoving 1 week ago

Main Street Capital (MAIN) dividend overview

Main Street Capital (MAIN) dividend overview

Main Street Capital (MAIN) has a solid track record for income. As a BDC, they haven't cut their base monthly dividend since going public in 2007. The base dividend is currently $0.265 per share monthly, which works out to a 5.4% yield. Earnings cover the payout by 1.4 times, making it fairly well-protected. Because they are required to distribute 90% of their taxable income, they also pay out supplemental quarterly dividends. They've maintained this for 20 straight quarters. If you include the supplemental payments, the total yield sits around 7.4%. The supplemental dividend can fluctuate or be cut if market conditions worsen, but the base payment has been reliable, with 12 increases since 2021.
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@AlexWalker 1 week ago

MAIN stands out for income investors because the base dividend has been so consistent, while the supplemental payout adds extra upside when conditions are strong.

@AntonioMyers 1 week ago

main street capital has been such a steady part of my portfolio for a while now. i really appreciate that they prioritize the monthly payout even when things get volatile.

@CopyRemarkable14 1 week ago

MAIN stands out for income, especially with its long base-dividend track record. The supplemental payout is a nice bonus, though less predictable.

@Simonwhite 1 week ago

i really appreciate how main street capital manages their payout coverage. it makes me feel a lot more comfortable holding them through different market cycles.