Dividend Worth Mentioning Today: $0.19 just might be within reach for Main Street Capital Corporation (NYSE:MAIN) shareholder.

Dividend Worth Mentioning Today: $0.19 just might be within reach for Main Street Capital Corporation (NYSE:MAIN) shareholder.

Main Street Capital Corporation (NYSE:MAIN) is expected to pay $0.19 on Nov 15, 2016. The indicated annual dividend is $2.22. Shareholders owning the stock before Oct 18, 2016 will be eligible to receive the payout. Based on Main Street Capital Corporation’s current price of $33.27, the dividend is 0.56%. This dividend’s record date is Oct 20, 2016 and the announcement date is Aug 3, 2016. About 70,619 shares traded hands. Main Street Capital Corporation (NYSE:MAIN) has risen 9.31% since March 14, 2016 and is uptrending. It has outperformed by 3.69% the S&P500.

Main Street Capital Corporation is a principal investment firm. The company has a market cap of $1.72 billion. MSCC is primarily focused on providing customized debt and equity financing to lower middle market (LMM) companies and debt capital to middle market (Middle Market) companies. It has a 22.23 P/E ratio. The Company’s portfolio investments are made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in various industry sectors.

Insitutional Activity: The institutional sentiment increased to 1.4 in 2016 Q2. Its up 0.53, from 0.87 in 2016Q1. The ratio improved, as 11 funds sold all Main Street Capital Corporation shares owned while 36 reduced positions. 12 funds bought stakes while 54 increased positions. They now own 10.88 million shares or 49.16% less from 21.40 million shares in 2016Q1.
Bnp Paribas Arbitrage Sa, a New York-based fund reported 386 shares. The Massachusetts-based Winslow Evans And Crocker Inc has invested 0% in Main Street Capital Corporation (NYSE:MAIN). Verity Asset Mgmt holds 8,350 shares or 0.27% of its portfolio. Citadel Advsr Ltd Company has 35,685 shares for 0% of their US portfolio. The Texas-based Wfg Advsr Lp has invested 0.03% in Main Street Capital Corporation (NYSE:MAIN). Shamrock Asset Management Ltd Llc last reported 2,680 shares in the company. State Of Wisconsin Inv Board holds 0.02% or 175,964 shares in its portfolio. Comml Bank Of America De, a North Carolina-based fund reported 30,875 shares. Gsa Cap Partners Llp owns 27,700 shares or 0.05% of their US portfolio. Commonwealth Equity Service owns 92,391 shares or 0.03% of their US portfolio. The Pennsylvania-based Hudock Group Incorporated Limited Liability has invested 0% in Main Street Capital Corporation (NYSE:MAIN). Carlson Capital Mgmt, a Minnesota-based fund reported 65,380 shares. Focused Wealth Mgmt accumulated 18,175 shares or 0.27% of the stock. Miller Howard Invs Ny, a New York-based fund reported 131,648 shares. Bank & Trust Of Nova Scotia owns 31,000 shares or 0.01% of their US portfolio.

Main Street Capital Corporation (NYSE:MAIN) Ratings Coverage

Out of 2 analysts covering Street Capital Group (NYSE:MAIN), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Street Capital Group has been the topic of 6 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The stock of Main Street Capital Corporation (NYSE:MAIN) earned “Outperform” rating by National Bank Canada on Friday, August 7. The firm has “Neutral” rating by National Securities given on Friday, August 7. The stock of Main Street Capital Corporation (NYSE:MAIN) earned “Neutral” rating by Janney Capital on Wednesday, April 27. The company was downgraded on Tuesday, August 11 by Zacks. The stock of Main Street Capital Corporation (NYSE:MAIN) earned “Outperform” rating by RBC Capital Markets on Thursday, August 11. The company was initiated on Tuesday, September 22 by RBC Capital Markets.

More notable recent Main Street Capital Corporation (NYSE:MAIN) news were published by: Fool.com which released: “Should You Buy Main Street Capital Corporation?” on September 07, 2016, also Fool.com with their article: “Main Street Capital Corporation: A Deeper Look” published on April 16, 2016, Fool.com published: “Main Street Capital Corporation Q2 Earnings Breakdown” on August 11, 2016. More interesting news about Main Street Capital Corporation (NYSE:MAIN) were released by: Fool.com and their article: “Main Street Capital Corporation in Stock in 3 Charts” published on March 21, 2016 as well as Prnewswire.com‘s news article titled: “Main Street Announces Portfolio Company Exit” with publication date: October 06, 2016.

MAIN Company Profile

Main Street Capital Corporation (MSCC), incorporated on March 9, 2007, is a principal investment firm. MSCC is primarily focused on providing customized debt and equity financing to lower middle market (LMM) companies and debt capital to middle market (Middle Market) companies. The Company’s portfolio investments are made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in various industry sectors. MSCC partners with entrepreneurs, business owners and management teams and generally provides financing alternatives within its LMM portfolio. The Firm invests primarily in secured debt investments, equity investments, warrants and other securities of LMM companies based in the United States and in secured debt investments of Middle Market companies generally headquartered in the United States. The Company’s investment portfolio includes its investments in LMM portfolio companies, investments in Middle Market portfolio companies, Private Loan portfolio investments, Other Portfolio investments, and the investment in MSC Adviser I, LLC (the External Investment Manager).

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