GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Main Street Capital Corp (NYSE:MAIN) » Definitions » 3-Year Dividend Growth Rate

Main Street Capital (Main Street Capital) 3-Year Dividend Growth Rate

: 8.90% (As of Dec. 2023)
View and export this data going back to 2007. Start your Free Trial

Main Street Capital's Dividends per Share for the three months ended in Dec. 2023 was $0.72.

The historical rank and industry rank for Main Street Capital's 3-Year Dividend Growth Rate or its related term are showing as below:

MAIN' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -1.9   Med: 3.75   Max: 65.7
Current: 8.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Main Street Capital was 65.70% per year. The lowest was -1.90% per year. And the median was 3.75% per year.

MAIN's 3-Year Dividend Growth Rate is ranked better than
73.45% of 870 companies
in the Asset Management industry
Industry Median: 1.7 vs MAIN: 8.90

During the past 12 months, Main Street Capital's average Dividends Per Share Growth Rate was 21.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Main Street Capital's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.43. As of today, Main Street Capital's Dividend Yield % is 5.98%.

Warning Sign:

Main Street Capital Corp stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Asset Management subindustry, Main Street Capital's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Main Street Capital 3-Year Dividend Growth Rate Distribution

For the Asset Management industry and Financial Services sector, Main Street Capital's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Main Street Capital's 3-Year Dividend Growth Rate falls into.



Main Street Capital 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Main Street Capital  (NYSE:MAIN) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Main Street Capital's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.715/ 1.65
=0.43

During the past 13 years, the highest Dividend Payout Ratio of Main Street Capital was 5.47. The lowest was 0.52. And the median was 0.82.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Main Street Capital Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2402024-04-052024-04-082024-04-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.2402024-03-072024-03-082024-03-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.2402024-02-072024-02-082024-02-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.2402024-01-042024-01-052024-01-12Cash DividendmonthlyUSD:USD 1.000000
USD 0.2352023-12-072023-12-082023-12-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.2352023-11-072023-11-082023-11-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.2352023-10-052023-10-062023-10-13Cash DividendmonthlyUSD:USD 1.000000
USD 0.2302023-09-072023-09-082023-09-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.2302023-08-072023-08-082023-08-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.2302023-07-062023-07-072023-07-14Cash DividendmonthlyUSD:USD 1.000000
USD 0.2252023-06-202023-06-212023-06-21Cash DividendmonthlyUSD:USD 1.000000
USD 0.2252023-06-072023-06-082023-06-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.2252023-05-052023-05-082023-05-15Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Main Street Capital's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=3.03/46.96
=6.45 %

Current Share Price is $46.96.
Main Street Capital's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.03.

During the past 13 years, the highest Dividend Yield of Main Street Capital was 14.16%. The lowest was 5.30%. And the median was 6.31%.

Warning Sign:

Main Street Capital Corp stock dividend yield is close to 2-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Main Street Capital 3-Year Dividend Growth Rate Related Terms>


Main Street Capital (Main Street Capital) Business Description

Traded in Other Exchanges
Address
1300 Post Oak Boulevard, 8th Floor, Houston, TX, USA, 77056
Main Street Capital Corp is an investment firm engaged in providing customized debt and equity financing to lower middle market companies and debt capital to middle market companies. The investment portfolio of the company is typically made to support management buyouts, recapitalizations, growth financings, refinancings, and acquisitions of companies that operate in diverse industry sectors. The group invests in secured debt investments, equity investments, warrants, and other securities of the lower middle market and middle market companies based in the US. Business functioned through the U.S. region and it derives the majority of its income from the source of fees, commission, and interest.
Executives
Jason B Beauvais officer: VP, General Counsel, Secretary 1300 POST OAK BOULEVARD, SUITE 800, HOUSTON TX 77056
John Earl Jackson director 12001 NORTH HOUSTON ROSSLYN, HOUSTON TX 77086
Nicholas Meserve officer: Managing Director 1300 POST OAK BLVD., STE 800, HOUSTON TX 77056
Ryan Robert Nelson officer: VP, CAO, Assistant Treasurer 2445 TECHNOLOGY FOREST BLVD., STE 800, THE WOODLANDS TX 77381
Dwayne L. Hyzak officer: Senior Vice President 1300 POST OAK BOULEVARD, SUITE 800, HOUSTON TX 77056
David L. Magdol officer: Senior Vice President 1300 POST OAK BOULEVARD, SUITE 800, HOUSTON TX 77056
Vincent D Foster director, officer: Chief Executive Officer QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008
Lance A Parker officer: VP, CHIEF ACCOUNTING OFFICER 800 GESSNER, SUITE 500, HOUSTON TX 77024
Dunia A Shive director 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Beverly Kay Matthews director C/O COHERENT, INC., 5100 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Jesse E Morris officer: EVP , CFO AND COO 2800 POST OAK BLVD., STE. 2600, HOUSTON TX 77056
Arthur L. French director 1300 POST OAK BOULEVARD, SUITE 800, HOUSTON TX 77056
Brent D. Smith officer: SVP - Finance 2500 CITYWEST BOULEVARD, SUITE 2200, HOUSTON TX 77042
Rodger A. Stout officer: CAO, CCO & Secretary 1300 POST OAK BOULEVARD, SUITE 800, HOUSTON TX 77056
Valerie Lebeaux Banner director 35 BROAD OAKS ESTATES LANE, HOUSTON TX 77056