Hello readers, on June 7th I initiated a position in Main Street Capital Corp (MAIN) with 50 shares @ $32.90+ 1$ commission. This is my second investment in BDC since PSEC. My YOC based on regular monthly dividend is 6.57%. If I take a special dividend into account, my YOC will increase to 8.24%.
Main Street Capital Corporation is an investment firm engaged in providing customized debt and equity financing to lower middle market companies and debt capital to middle market companies.
From this investment, I expect to receive $135.5 gorss dividend for the next 12 motnhs.
Disclosure: Long MAIN