Main Street Capital raises 2Q dividend by 11 pct
HOUSTON (AP) — Investment firm Main Street Capital Corp. is boosting its second-quarter dividend by 11 percent to 46.5 cents per share.
Monthly dividends of 15.5 cents per share will be paid in April, May and June. The April dividend will be paid on the 15th of the month to shareholders of record on March 21. For May, the dividend will also be paid on the 15th. It will be paid to shareholders of record on April 19. The June dividend will be paid June 14 to shareholders of record May 21.
The company said that including the second-quarter dividend it will have paid $9.29 per share in cumulative dividends since it went public in October 2007.
The Houston company's stock added 28 cents to $32.98 in morning trading on Wednesday.