MAIN Ex-Dividend Reminder - 10/17/13

Looking at the universe of stocks we cover at Dividend Channel, on 10/17/13, Main Street Capital Corporation ( MAIN) will trade ex-dividend, for its monthly dividend of $0.16, payable on 11/15/13. As a percentage of MAIN's recent stock price of $30.00, this dividend works out to approximately 0.53%, so look for shares of Main Street Capital Corporation to trade 0.53% lower — all else being equal — when MAIN shares open for trading on 10/17/13.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for MAIN, showing historical dividends prior to the most recent $0.16 declared by Main Street Capital Corporation:

MAIN+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MAIN is likely to continue, and whether the current estimated yield of 6.40% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MAIN shares, versus its 200 day moving average:

Main Street Capital Corporation 200 Day Moving Average Chart

Looking at the chart above, MAIN's low point in its 52 week range is $25.52 per share, with $34.45 as the 52 week high point — that compares with a last trade of $30.00.
Earn a FREE $100 Membership to ValueForum, Just By Telling Us About Your Favorite Stock! (Offer ends 11/10/2013)

According to the ETF Finder at ETF Channel, MAIN makes up 5.21% of the BDC Income ETF ( BIZD) which is trading lower by about 0.4% on the day Tuesday.

In Tuesday trading, Main Street Capital Corporation shares are currently down about 0.8% on the day.

null

If you liked this article you might like

This Stock Has an Exceptional Dividend Yield of Over 10%

Move Over, REITs; BDCs Aren't Afraid of Increasing Interest Rates

Trump's OMB Pick, Mulvaney, A Boon To Public BDCs

Here Are the 7 Best Stocks That Pay Monthly Dividends

3 Stocks With Upcoming Ex-Dividend Dates: MAIN, CXW, LPT