This company is a sleep-well-at-night BDC. It easily covered its dividend with (distributable) net investment income in the last quarter. The BDC started to pay a higher dividend last month. The company has an operating cost advantage compared to other BDCs. Shares are not cheap, but worth the price, in my opinion. An investment in the stock yields 7.5 percent (including special dividends).
Main Street Capital Corp. (MAIN) once again released strong financial results for its third quarter last week. The business development company reported robust growth in its net investment income, and MAIN started to pay a higher monthly distribution last month. Main Street Capital Corp. easily covers its dividend payout with (distributable) net investment income which in turn provides income investors with a high margin of dividend safety. Though MAIN is by far the most expensive stock in the BDC sector, the company produces excellent results, and pays two special dividends each year. An investment in MAIN yields 6.1 percent (excluding special dividends) and 7.5 percent (including special dividends).
Source: Seeking Alpha
Related Articles:
- 10 Fun Facts That You Might Not Know About Microsoft
- 5 Dividend Stocks To Beat The Wall Street Giants
- A Disciplined Approach To Dividend Growth Stocks
- 3 Low Beta, Higher Yielding Dividend Stocks For The Next Downturn
- 6 High-Yield REITs With Growing Dividends
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Strange but true: seniors fear death less than running out of money in retirement. So what's a retiree to do? You could cut your expense...
-
If you're anticipating a long retirement, you'll want to remain invested in stocks to give your money a chance of outpacing inflatio...
-
If I could teach investors one thing, it would be how to identify and value “Forever Assets.” These businesses constitute the single best wa...
-
When writing this article, I was looking for an ideal list of dividend-paying stocks that consistently raise their dividends each year. In a...
-
Dividends are profit sharing payments sent out to stockholders. Companies have a variety of reasons for paying them, ranging from simply swe...
-
All bull markets come to an end, and this past decade has been a remarkable one for investors who've escaped largely unscathed from any ...
-
Dividend-paying stocks from generally low-risk, top notch companies are a brilliant way to create steady and solid income streams to supplan...
-
Nothing, of course, is forever. Sears would have been a very good investment for a long time had you purchased it before or even during the ...
-
One of the most exciting things about many dividend stocks is that they not only pay regular dividends, but also increase those dividends on...
-
When writing this article, my plan was to find an ideal list of high-yield stock that is expected to have a higher dividend next year. To ma...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.