Main Street Capital Increases Monthly Dividend Amid Earnings Decline
Main Street Capital (MAIN) has raised its monthly dividend for the 12th time since late 2021, with a recent increase of 3.9% year-over-year and an annualized yield now above 8%. However, concerns are growing as first-quarter distributable net investment income fell to $1.00 per share from $1.02 in the prior year period.
Tickers: $MAIN
Topics: BDC dividends financial performance