17 March: Main Street Capital Corp (NYSE: MAIN) raised its dividend by 6.87% to $0.30 per share.
Main Street Capital Corp (NYSE: MAIN) raised its dividend by 6.87% to $0.30 per share on 17 March. The financial services provider has increased its dividend by 6.8% annually over the past three years, with a payout ratio of 74.2%. Analysts expect it to maintain dividend coverage with a payout ratio of 73.8% next year. The stock was trading at $46.20 with a market cap of $3.93bn and a PE ratio of 8.85.
March 18, 2024
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