Main Street Capital (MAIN) IPO at $15 Now Yields $177 Monthly

Main Street Capital (NYSE: MAIN) went public on October 4, 2007, at $15 per share. A $10,000 investment at that time would have purchased approximately 667 shares, generating about $177 per month in regular dividend income and an additional $200 per quarter in supplemental dividends. The company has increased its monthly dividend by 141% since its IPO and has a sustained dividend payout with a coverage ratio of 1.39 times. For ordinary investors, this translates to reliable monthly income from dividends at a current rate of $0.265 per share.

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