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.
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