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Cash Dividend On The Way From Main Street Capital (MAIN)
Monday, April 3, 10:38 AM ET, by Market News Video Staff

On 4/5/23, Main Street Capital Corporation (MAIN) will trade ex-dividend, for its monthly dividend of ...

Main Street Capital Breaks Below 200-Day Moving Average - Notable for MAIN
Wednesday, April 5, 11:21 AM ET, by Market News Video Staff

In trading on Wednesday, shares of Main Street Capital Corporation (MAIN) crossed below their 200 ...

Reminder - Main Street Capital (MAIN) Goes Ex-Dividend Soon
Wednesday, May 3, 10:54 AM ET, by Market News Video Staff

On 5/5/23, Main Street Capital Corporation (MAIN) will trade ex-dividend, for its monthly dividend of ...

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Monday, June 5, 9:57 AM ET, by Market News Video Staff

On 6/7/23, Main Street Capital Corporation (MAIN) will trade ex-dividend, for its monthly dividend of ...

Notable Two Hundred Day Moving Average Cross - MAIN
Wednesday, June 21, 3:49 PM ET, by Market News Video Staff

In trading on Wednesday, shares of Main Street Capital Corporation (MAIN) crossed below their 200 ...

Investors Snag MAIN 11.0% Cheaper Than Its Secondary Stock Offering

By Dividend Channel Staff, Tuesday, November 15, 11:38 AM ET
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Looking back to 96 days ago, Main Street Capital Corporation (NYSE:MAIN) priced a 1,170,000 share secondary stock offering at $42.85 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time. In trading on Tuesday, bargain hunters could buy shares of MAIN and achieve a cost basis 11.0% cheaper than those buyers, with shares changing hands as low as $38.12 per share. It should be noted that investors at the secondary have collected $0.76/share in dividends since the time of their purchase, so they are currently down 9.3% on their purchase from a total return basis.

Secondaries can often present buying opportunities for bullish investors interested in purchasing shares, because the sudden extra supply of stock tends to require that the offering be priced at an attractive discount to where the stock had previously been trading before the offering announcement. At last check, Main Street Capital Corporation shares are currently trading up about 1.8% on the day. The chart below shows the one year performance of MAIN shares, versus its 200 day moving average:

Main Street Capital Corporation Chart

Looking at the chart above, MAIN's low point in its 52 week range is $31.66 per share, with $47.13 as the 52 week high point — that compares with a last trade of $38.42.

The current annualized dividend paid by Main Street Capital Corporation is $2.7/share, currently paid in monthly installments, and its most recent dividend has an upcoming ex-date of 01/05/2023. Below is a long-term dividend history chart for MAIN, which can be of good help in judging whether the most recent dividend with approx. 7.2% annualized yield is likely to continue.


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This Article's Word Cloud:   Arial   Below   Buyers   Capital   Corporation   Dividends   Free   Looking   MAIN   Main   NYSE   Offerings   Recent   Report   Secondaries   Secondary   Start   Stock   Street   Tuesday   about   above   annualized   basis   chart   currently   dividend   escape   fillColor   investment   investors   last   monthly   most   offering   paid   point   priced   purchase   recent   secondary   share   shares   stock   that   their   time   trading   week   with

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