Main Street Capital Increases Dividends by 4.2%

By Bobby Samwell • Tuesday, February 25 10:35 • Permanent Link

Main Street Capital Corporation (NYSE: MAIN) has announced the declaration of regular monthly cash dividends of $0.25 per share for each of April, May, and June 2025. These dividends total $0.75 per share for the second quarter of 2025 and represent a 4.2% increase from the regular monthly dividends paid in the second quarter of 2024. The company has periodically increased the amount of its regular monthly dividends paid per share since its initial public offering in October 2007 and has never reduced its regular monthly dividend amount per share.

In addition to the regular monthly dividends for the second quarter of 2025, the board of directors declared a supplemental cash dividend of $0.30 per share payable in March 2025, which will be paid out of Main Street’s undistributed taxable income as of December 31, 2024.

Including all dividends declared to date, Main Street will have paid $44.725 per share in cumulative cash dividends since its initial public offering. The recent dividend declarations represent total dividends to Main Street shareholders of $1.05 per share, indicating an annualized current yield of 6.9% based on the closing price of $60.58 per share on February 24, 2025.

The company's dividend reinvestment and direct stock purchase plan provide registered stockholders with the option to automatically reinvest dividends into additional shares of Main Street common stock.

Main Street Capital Corporation primarily provides customized long-term debt and equity capital solutions to lower middle market companies and debt capital to private companies owned by or in the process of being acquired by a private equity fund. The company's portfolio investments are typically made to support various corporate activities, including management buyouts, recapitalizations, growth financings, refinancings, and acquisitions in diverse industry sectors. The market has reacted to these announcements by moving the company's shares -1.5% to a price of $59.69. For the full picture, make sure to review Main Street Capital's 8-K report.

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