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Main Street Capital boosts dividend to $0.30 per share, marking an 8.6% annual increase over three years.
Main Street Capital Corp. (NYSE: MAIN) increased its dividend to $0.30 per share from $0.25, payable on March 20.
The company has raised its dividend by 8.6% annually over the past three years.
With a current payout ratio of 77.3%, analysts predict it can sustain the $3.00 annual dividend, expecting a future payout ratio of 73.9%.
Shares traded at $59.63 mid-day Wednesday, with a market cap of $5.26 billion.
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Main Street Capital aumenta el dividendo a $0.30 por acción, lo que supone un aumento anual del 8,6% en tres años.