Main Street Capital Dividend Increase

MAIN

Main Street Capital Corporation (MAIN) raised its dividend by 2.85%! The company announced that its Board of Directors declared regular monthly cash dividends of $0.18 per share for each of October, November and December 2015. These monthly dividends, which will be payable pursuant to the table below, total $0.54 per share for the fourth quarter of 2015 and represent a ~6% increase from the regular monthly dividends paid for the fourth quarter of 2014.

Main-DivInc-Aug2015

My portfolio consists of 50 shares of Main Street, which increases my annual MAIN dividends from $105 to $108, an increase of $3.

Recent Buy – Main Street

MAIN

February sure is turning into a month which is exceeding my own expectations of purchases and putting cash to work. I made one last┬ápurchase before the end of the month. I was originally planning this purchase for the next month, but as is the case, the stock market provides some catalyst that is hard to predict and an investor has to take a decision and move. Moreover, if an investor’s mind is made up to invest in something, there’s no point in holding off and is better to pull the trigger. This new purchase adds a new company to my portfolio – my 26th individual company (excluding the ETFs).

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