Welcome to our dedicated page for Main Street Capital Corporation news (Ticker: $MAIN), a resource for investors and traders seeking the latest updates and insights on Main Street Capital Corporation stock.
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Main Street Capital Corporation (MAIN) announces a $350 million public offering of 6.95% notes due 2029, with net proceeds intended for debt repayment and investment purposes.
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End-of-Day
-0.21%
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Main Street Capital Corporation (NYSE: MAIN) recently completed a $14.9 million first lien, senior secured term debt investment and a $0.5 million direct equity investment in Johnson Downie Opco, LLC. The investment aims to support the Company's organic and inorganic growth initiatives, expanding its geographic and market coverage to other legal firms and locations. Johnson Downie, founded in 2006 and based in Houston, Texas, specializes in retained, exclusive partner-level recruiting engagements for elite law firms, having launched over 25 law firm offices and placed more than 1,000 law firm partners over the past decade.
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End-of-Day
0.09%
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Main Street Capital Corporation (NYSE: MAIN) invested $43.2 million in Pinnacle Topco, LLC, a manufacturer and distributor of commercial can liners, polyethylene bags, produce bags, and other adjacent products for use predominantly in the quick-service restaurant, convenience store, and janitorial services industries.
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End-of-Day
0.7%
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Main Street Capital Corporation (MAIN) has invested $24.7 million in Compass Systems & Sales, LLC to facilitate the recapitalization of the leading provider of end-to-end material handling systems. The investment includes a combination of first lien, senior secured term debt and a direct equity investment. Compass, founded in 1998 and headquartered in Barberton, Ohio, offers a wide range of material handling solutions and has established itself as a market leader in pneumatic and mechanical conveyance solutions.
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-0.02%
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Main Street Capital Corporation (NYSE: MAIN) announces its financial results for Q3 2023. Net investment income was $82.2 million ($0.99 per share), distributable net investment income was $86.2 million ($1.04 per share), and net asset value was $28.33 per share. The company reported a return on equity of 17.9% for the quarter. Total investment income was $123.2 million. Regular monthly dividends for Q4 2023 were declared at $0.705 per share, representing a 6.8% increase from Q4 2022. A supplemental dividend of $0.275 per share was also declared.
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Rhea-AI Sentiment
End-of-Day
1.22%
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Main Street Capital Corporation (NYSE: MAIN) has announced regular monthly cash dividends of $0.24 per share for January, February, and March 2024. These dividends represent a 2.1% increase compared to the fourth quarter of 2023 and a 6.7% increase compared to the first quarter of 2023. Additionally, a supplemental cash dividend of $0.275 per share will be paid in December 2023.
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Rhea-AI Sentiment
End-of-Day
3.07%
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Main Street Capital Corporation announces preliminary operating results for Q3 2023 and earnings release and conference call schedule
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-0.54%
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Main Street Capital Corporation expands its senior secured revolving credit facility from $255.0 million to $430.0 million, with an increase of $175.0 million in total commitments. The expansion provides additional financing capacity for future growth and general corporate purposes.
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-0.03%
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Main Street Capital Corporation reports $107.3 million in new private loan commitments and $134.6 million in total investments in Q3 2023.
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-0.65%
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Main Street Capital Corporation (MAIN) reported second quarter 2023 net investment income of $1.06 per share, distributable net investment income of $1.12 per share, and net asset value of $27.69 per share. The company declared regular monthly dividends totaling $0.69 per share for the third quarter of 2023, representing a 7.0% increase from the regular monthly dividends paid in the third quarter of 2022.
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Rhea-AI Sentiment
End-of-Day
-0.73%
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Main Street Capital Corporation
NYSE:MAIN
MAIN Rankings
MAIN Stock Data
4.28B
81.31M
4.18%
21.51%
4.03%
Securities and Commodity Exchanges
Finance and Insurance
United States of America
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.