This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Main Street Announces Tax Treatment Of 2012 Dividends

HOUSTON, Jan. 17, 2013 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") announced today that it has posted information regarding the U.S. federal income tax characteristics of the dividends paid by Main Street that are attributable to 2012 (the "2012 Dividend Summary") on its website ( http://ir.mainstcapital.com/dividend_reinvestment.cfm).  Main Street paid dividends totaling $1.725 per share that are attributable to 2012, with approximately 43% of such distributions representing long-term capital gains, 3% representing qualified ordinary income dividends and 54% representing non-qualified ordinary income dividends.  Long-term capital gains and qualified ordinary income dividends qualify for favorable tax treatment under the Internal Revenue Code and, for 2012, will generally be subject to the maximum 15% U.S. federal income tax rate.  The tax characteristics shown in the 2012 Dividend Summary represent the final accounting of Main Street's 2012 distributions and supersede any earlier estimated information.  In addition to the dividends paid by Main Street that are attributable to 2012, Main Street estimates that it continued to have significant spillover taxable income (taxable income in excess of dividends paid) at December 31, 2012 that will benefit our stockholders in future periods.

Neither this press release, nor the 2012 Dividend Summary, is intended to constitute tax, legal, investment, or other professional advice. This is general information and reference should be made to your 2012 Form 1099-DIV for tax reporting purposes. Stockholders should receive their 2012 Form 1099-DIVs by mid-February (generally from their brokers) and should consult a tax advisor for tax guidance pertinent to their specific facts and circumstances. If you did not hold Main Street stock for all of calendar year 2012, your 1099-DIV will only reflect the tax characteristics for the portion of the year you owned the stock.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs