This High-Yielding Sleep Well Investment Is About To Announce A Dividend Increase

The following information discussing Main Street Capital (MAIN) was previously made available to subscribers of Sustainable Dividends, along with target prices and buying points, real-time changes to my personal BDC positions, updated rankings and risk profile, real-time announcement of changes to dividend coverage, and worst-case scenarios, and suggested BDC portfolio. MAIN is clearly one of the best-managed BDCs for many reasons (some are discussed in this article) as the company continues to deliver higher total returns to investors through:
Maintaining a much lower operational cost structure to maximize distributions to shareholders. Managing an efficient lower cost capital structure with conservative leverage. Well-timed highly accretive equity offerings. Conservative valuation and dividend policy with consistent coverage from NII and semiannual supplemental dividends. Quality of the origination/credit platform to build a portfolio to deliver consistent returns to shareholders while protecting the capital invested. No plans to seek “externalization” or higher leverage through reduced asset coverage ratio. Management is an active purchaser of shares each quarter, currently holding over $115 million. Continued involvement in regulatory aspects of the sector: “we've been much more focused on our legislative agenda with respect to BDC modernization, getting an SBIC bill passed in the House and Appropriations Bill has some really good language in it. The... Read more