We've covered several BDCs in our recent articles - this is one of the pockets of the market which was beaten down for a good part of 2020, due to investors becoming very wary about how well BDC's portfolio companies would fare in the pandemic lockdown economy. However, as you'll see in this article, they've bounced back from the March 2020 COVID Crash. This stock yields 6.44%. Management maintained the $0.205 dividend for March, April, and May. We compare valuations, leverage, profitability, and performance vs. the BDC industry. There's also a high yield option trade at the end of this article, with a breakeven below analysts' lowest price target for the company.
Main Street Capital Corporation (MAIN) is a private equity firm which specializes in equity capital to lower middle market - LMM companies. The firm also provides debt capital to middle market companies for acquisitions, management buyouts, growth financings, recapitalizations and refinancing. The firm seeks to partner with entrepreneurs, business owners and management teams and generally provides "one stop" financing alternatives within its lower middle market portfolio. It was founded in 2007 and is based in Houston, Texas.
Source: Seeking Alpha
Related Articles:
Main Street Capital: 6% Yield, Steady Monthly Dividends
Posted by D4L | Monday, April 12, 2021 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
If your growth-investing days are over (or nearly so) and you're more interested in steady income, start your search with all-weather st...
-
In short, dividend-bearing stocks are one of the smartest approaches stock investors have available currently. The same is true in strong ec...
-
Finding cheap dividend stocks is critical for another reason. By the time the Federal Reserve meets for the second time in 2023, the central...
-
Investing in passive income can allow you to make money with minimal portfolio management. There are many types of investments to make passi...
-
Many companies make very predictable fixed dividend payments each quarter. When they do, their investors have a pretty good idea of how much...
-
As 2022 wraps up, many investors are likely looking for ways to position their portfolio for more macroeconomic uncertainty next year. After...
-
Dividends drive significant returns for Berkshire Hathaway's portfolio. One common theme of Warren Buffett's Berkshire Hathaway is d...
-
With inflation appearing to have peaked and fears of a recession dimming somewhat, investors have some positive catalysts to look forward to...
-
Dividends can be an underrated source of income for investors. With so much volatility in the stock market right now, it can be comforting t...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.