Is Main Street Capital a safe investment? (2024)

Is Main Street Capital a safe investment?

Valuation metrics show that Main Street Capital Corporation may be overvalued. Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of MAIN, demonstrate its potential to underperform the market. It currently has a Growth Score of C.

Is MAIN St capital a good investment?

Main Street Capital is currently sporting a Zacks Rank of #3 (Hold). Investors should also note Main Street Capital's current valuation metrics, including its Forward P/E ratio of 11.29. This signifies a premium in comparison to the average Forward P/E of 7.61 for its industry.

Is Main Street Capital dividend safe?

Main Street is a highly sought-after BDC with consistent NAV growth and dividend raises. The BDC generated record results in FY 2023 and distribution coverage of 1.17X making MAIN a relatively safe dividend play. Main Street out-performed other BDCs in terms of NAV growth in the last three years.

What is the Zacks rating of Main Street Capital?

Right now, Main Street Capital possesses a Zacks Rank of #3 (Hold). In terms of valuation, Main Street Capital is presently being traded at a Forward P/E ratio of 11.32. For comparison, its industry has an average Forward P/E of 7.54, which means Main Street Capital is trading at a premium to the group.

Is Main Street Capital a monthly dividend?

Since its October 2007 initial public offering, Main Street has periodically increased the amount of its regular monthly dividends paid per share and has never reduced its regular monthly dividend amount per share.

Is Main Street Capital profitable?

Main Street Capital Corp's trailing 12-month revenue is $500.4 million with a 85.6% profit margin. Year-over-year quarterly sales growth most recently was 13.5%. Analysts expect adjusted earnings to reach $4.060 per share for the current fiscal year. Main Street Capital Corp currently has a 6.2% dividend yield.

How often does Main Street Capital pay dividends?

Main Street Capital Dividend Information

Main Street Capital has a dividend yield of 6.07% and paid $2.79 per share in the past year. The dividend is paid every month and the last ex-dividend date was Mar 19, 2024.

What is the safest dividend paying stock?

What is the most reliable dividend stock?

Which stock are Zacks rank 1?

What is the stock price forecast for Main Street Capital in 2025?

On average, Wall Street analysts predict that Main Street Capital's share price could fall to $45.60 by Mar 1, 2025. The average Main Street Capital stock price prediction forecasts a potential downside of 1.13% from the current MAIN share price of $46.12.

What does Main Street Capital invest in?

Since the mid 1990s, we have worked as a private equity alternative with over 200 lower middle market companies in a diverse range of industries including consumer discretionary, energy, financials, health care, industrials, materials, technology, telecommunications and transportation.

Is main a good dividend stock?

Ratings - MAIN

Stable. 6.26% forward dividend yield. Top 15%. rated from sell-side analysts.

What is the dividend growth rate of Main Street Capital?

Last dividend for Main Street Capital Corporation (MAIN) as of March 22, 2024 is 0.24 USD. The forward dividend yield for MAIN as of March 22, 2024 is 6.24%. Average dividend growth rate for stock Main Street Capital Corporation (MAIN) for past three years is 2.68%.

What are the highest yielding monthly dividend funds?

How long has Main Street Capital been in business?

Company Description

Founded in 1997, Main Street Capital is a private equity firm based in Houston, Texas.

Who are Main Street Capital competitors?

Main Street Capital's competitors and similar companies include Talenthouse, Spice Private Equity, HarbourVest Partners and Airesis. Main Street Capital Corporation is a business development company specializing in long-term equity and debt investments in small and lower middle market companies.

Who is the owner of Main capital?

Charly Zwemstra is the Founder, CEO and Chief Investment Officer of Main Capital Partners.

How much stock to buy to live off dividends?

How Much Money You Need to Retire on Dividends. As a rough rule of thumb, you can multiply the annual dividend income you wish to generate by 22 and by 28 to establish a reasonable range for how much you need to invest to live off dividends.

How many times a year does MAIN pay dividends?

Dividend Summary

The previous Main Street Capital Corporation dividend was 24c and it went ex 16 days ago and it was paid 8 days ago. There are typically 12 dividends per year (excluding specials), and the dividend cover is approximately 1.0.

How much does AGNC pay per share?

AGNC Investment Corp. ( AGNC ) pays dividends to its shareholders. How much is AGNC Investment Corp.'s dividend? AGNC Investment Corp.'s ( AGNC ) monthly dividend per share was $0.12 as of April 9, 2024 .

Is Main Street Capital a buy or sell?

Main Street Capital stock has received a consensus rating of hold. The average rating score is and is based on 5 buy ratings, 6 hold ratings, and 0 sell ratings.

Is main stock dividend sustainable?

Yes, MAIN's past year earnings per share was $5.21, and their annual dividend per share is $3.68. MAIN's dividend payout ratio is 90.07% ($3.68/$5.21) which is sustainable.

What is final dividend for the year?

The final dividend is declared at a company's annual general meeting for the year. This amount is calculated after all financial statements are recorded. A stock dividend is a payment to shareholders that is made in additional shares rather than in cash.

Does Warren Buffett recommend dividend stocks?

Buffett loves it when he does not have to touch his stakes and let the investments do all the work. He believes his investments are rewarded when the companies he has invested in increase dividends and focus on shareholder returns.