Main Street Capital Corporation (MAIN) will pay a special dividend of $0.275 per share in December 2017. This follows a 2.7 percent dividend hike earlier this year.
The special dividend will be paid on December 27, 2017 to shareholders of record on December 19, 2017. The regular monthly dividend is $0.19 per share.
Main Street is a principal investment firm that primarily provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies. Main Street's portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides "one stop" financing alternatives within its lower middle market portfolio.