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Main Street Capital Corporation - MAIN STOCK NEWS

Welcome to our dedicated news page for Main Street Capital Corporation (Ticker: MAIN), a resource for investors and traders seeking the latest updates and insights on Main Street Capital Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Main Street Capital Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Main Street Capital Corporation's position in the market.

News
Main Street Announces Follow-On Investments
Rhea-AI Summary
Main Street Capital (NYSE: MAIN) has announced new follow-on investments totaling $36.6 million in five existing portfolio companies. These investments support acquisitions and recapitalizations across various industries, showcasing Main Street's commitment to its lower middle market portfolio companies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.85%
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none
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News
Main Street Announces Preliminary Estimate of First Quarter 2024 Operating Results
Rhea-AI Summary
Main Street Capital (MAIN) announces its preliminary estimate of first quarter 2024 operating results, showcasing strong performance with record net asset value per share, significant growth in net investment income, and distributable net investment income. The company expects to pay another supplemental dividend in the second quarter of 2024, continuing its streak of delivering value to shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
earnings
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News
Main Street Announces First Quarter 2024 Private Loan Portfolio Activity
Rhea-AI Summary
Main Street Capital (MAIN) announces significant activity in its private loan portfolio, with new commitments and investments totaling $146.3 million in Q1 2024. The company diversified its investments across various industries, including manufacturers, energy providers, datacenters, and more. Main Street's private loan portfolio now stands at approximately $1.5 billion, with a strong focus on first lien debt investments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.44%
Tags
earnings
News
Main Street Announces Follow-On Investment
Rhea-AI Summary
Main Street Capital invests $40.0 million in Gulf Manufacturing, to support the acquisition of Maass Global Group, a leader in flanges and specialty forged products. Main Street's investment includes a senior secured term debt and a revolving line of credit for future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
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none
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News
MAIN STREET ANNOUNCES 2023 FOURTH QUARTER AND ANNUAL RESULTS
Rhea-AI Summary
Main Street Capital Corporation (MAIN) reports strong financial results for Q4 2023 and full year 2023, with net investment income of $1.07 per share in Q4 and $4.14 per share for the full year. Distributable net investment income was $1.12 per share in Q4 and $4.36 per share for the full year. The net asset value per share increased to $29.20 at the end of 2023. Main Street also declared increased dividends and completed significant portfolio investments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
Tags
earnings
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News
Main Street Announces Participation in Upcoming Institutional Investor Conferences
Rhea-AI Summary
Main Street Capital Corporation (MAIN) executives to participate in key financial conferences in February and March 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.92%
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none
News
Main Street Announces Second Quarter 2024 Regular Monthly Dividends and Supplemental Dividend Payable in March 2024
Rhea-AI Summary
Main Street Capital Corporation (MAIN) announces regular monthly dividends of $0.24 per share for April, May, and June 2024, along with a supplemental dividend of $0.30 per share payable in March 2024. These dividends mark a 6.7% increase from the previous year and reflect Main Street's consistent dividend growth since its IPO in 2007.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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dividends earnings
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News
Main Street Announces New Portfolio Investment
Rhea-AI Summary
Main Street Capital Corporation invests $12.8 million in a leading dental service organization in the Midwestern U.S. to facilitate recapitalization. The Company operates multiple dental offices with a focus on urgent and general care, emphasizing same-day or next-day care.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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News
Main Street Announces Preliminary Estimate of Fourth Quarter 2023 Operating Results
Rhea-AI Summary
Main Street Capital Corporation (MAIN) announces its preliminary operating results for the fourth quarter of 2023, federal tax treatment of its dividends paid in 2023, and its fourth quarter and full year 2023 earnings release and conference call schedule. The company reported record-breaking financial metrics, with net investment income per share, distributable net investment income per share, and net asset value per share reaching all-time highs. The estimated return on equity for the fourth quarter was over 22%, with an annual return of approximately 19%. Main Street also achieved a 25% increase in total dividends paid to shareholders in 2023, exceeding the monthly dividends by over 55% for both the fourth quarter and the year. The company also plans to pay a meaningful supplemental dividend in the first quarter of 2024, marking its tenth consecutive quarterly supplemental dividend. Despite the increase in dividends, Main Street's estimated distributable net investment income exceeded the total dividends paid to shareholders by over 13% for the fourth quarter and over 17% for the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.07%
Tags
earnings
News
Main Street Announces Fourth Quarter 2023 Private Loan Portfolio Activity
Rhea-AI Summary
Main Street Capital Corporation (MAIN) reported a strong fourth quarter with $136.8 million in new private loan commitments and $160.4 million in total investments across its private loan portfolio. The company made notable investments in various industries, including defense systems, plastic products, language services, premium ice cream, futures trading, industrial cleaning, and aviation ground services. As of December 31, 2023, Main Street's private loan portfolio included total investments at cost of approximately $1.5 billion across 87 unique borrowers, with 94.7% invested in first lien debt investments and 5.3% in equity investments or other securities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.16%
Tags
earnings
Stock MAIN logo
Main Street Capital Corporation

NYSE:MAIN

MAIN Rankings

#1313 Ranked by Market Cap
#1839 Ranked by Stock Gains
#506 Ranked by Dividends

MAIN Stock Data

3.99B
81.31M
4.18%
21.51%
4.03%
Securities and Commodity Exchanges
Finance and Insurance
Link
United States
Houston

About MAIN

main street capital corporation (nyse: main) is a principal investment firm that provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies. main street’s portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. main street seeks to partner with entrepreneurs, business owners and management teams and generally provides "one-stop" financing alternatives within its lower middle market portfolio. main street’s lower middle market companies generally have annual revenues between $10 million and $150 million. main street’s middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies.