This BDC recently released strong Q2-2018 results that reflected strong year-over-year growth in NII. The company continues to cover its dividend payout with net investment income, and then some. The BDC just declared a higher monthly dividend as well. Shares sell for a considerable premium, which I think is worth paying. An investment in the stock yields 7.15 percent (including special dividends).
Main Street Capital Corp. (MAIN) released a solid deck of financials for the second quarter last week. The BDC once again benefited from robust growth in (distributable) net investment income, which was likely the reason why management declared a higher monthly dividend rate going forward. Main Street Capital Corp. easily covers its dividend payout with NII, and continues to make a compelling value proposition at the $40 price level.
Source: Seeking Alpha
Related Articles:
- 5 Big-Name Dividend Stocks Crushing The S&P 500
- How To Be a Better Investor During Difficult Times
- 4 Higher-Yielding, Low Debt Stocks With A Tiny Payout Ratio
- 3 Stocks Increasing Dividends Like A Champion
- The Next Great Company
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Stocks that offer big dividend yields are often backed by businesses that are going through rough patches and experiencing significant downt...
-
With the calendar turning over to 2019, many of the trends causing the rise in volatility aren’t stopping. To that end, making a calculated ...
-
Many dividend stocks tumbled over the past year, since conservative investors often shift from high-yielding stocks to bonds when interest r...
-
Because we're expected to live longer than those just a generation or two removed from us, we'll need income during our retirement f...
-
This company has become an income machine for investors over the past three decades, thanks in large part to the 132 consecutive dividends i...
-
For the most part, stock market investors love the technology sector. While tech stocks were hit particularly hard during the latest market ...
-
If you want to find good deals this holiday season, forget the department stores. Instead, go to the stock market. Due to the lackluster per...
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
Even though GDP is growing nicely, consumer spending is red hot and unemployment is low, the stocks that are outperforming are all ones we’d...
-
The yield is 9.07%, with 1.14X coverage in Q3 '18. EVA has a $7.4B backlog that's contracted through 2025. Management expects EBITDA...
0 comments
Post a Comment
Post a Comment