BDC earnings are exposed to interest rate cut risks. There is nothing that the managers can do to avoid it. Instead, they can try to mitigate it through balance sheet strength, equity investments, and well-covered dividends.
Main Street Capital has delivered exceptional long-term returns and dividend growth, but its current valuation is excessively high, versus peers. Despite strong Q2 results and a robust, diversified portfolio, MAIN trades at a 104.64% premium to NAV and a low 6.35% yield. Compared to other BDCs, MAIN's net investment income and dividend yield lag, while investors pay the highest market cap-to-NI...
Main Street Capital remains my top BDC due to its resilience, internally-managed structure, and consistent dividend growth, but I reiterate a 'hold' rating. MAIN's distributable NII and NAV continue to grow despite sector headwinds, thanks to its more optimal debt structure and cost advantages. The premium to NAV is high—over 100%—making new purchases unattractive, but this premium enables MAIN...
HOUSTON , Aug. 18, 2025 /PRNewswire/ -- MSC Income Fund, Inc. (NYSE: MSIF) ("MSC Income" or the "Fund") is pleased to announce the dual listing of its common stock on NYSE Texas, Inc. ("NYSE Texas"), the newly launched fully electronic equities exchange headquartered in Dallas, Texas. "As a Texas-based investment firm dedicated to investing in privately-held U.S. companies that operate in diver...
HOUSTON , Aug. 18, 2025 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce the dual listing of its common stock on NYSE Texas, Inc. ("NYSE Texas"), the newly launched fully electronic equities exchange headquartered in Dallas, Texas. "As a Texas-based investment firm committed to supporting the growth of privately-held U.S. businesses, we are ver...
With the market continuing its upward move this year, dividend yields have continued to fall. The S&P 500's yield is around 1.2%, near its lowest level in over two decades.
HOUSTON , Aug. 13, 2025 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it has priced an underwritten public offering of $350 million in aggregate principal amount of 5.40% notes due 2028 (the "Notes"). The Notes will bear interest at a rate of 5.40% per year, payable semiannually, will mature on August 15, 2028 and may be redeemed in who...
Second Quarter 2025 Net Investment Income of $0.35 Per Share Net Asset Value of $15.33 Per Share HOUSTON , Aug. 13, 2025 /PRNewswire/ -- MSC Income Fund, Inc. (NYSE: MSIF) ("MSC Income") is pleased to announce its financial results for the second quarter ended June 30, 2025. Unless otherwise noted or the context otherwise indicates, the terms the "Company" and the "Fund" refer to MSC Income an...
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.