Looking at the universe of stocks we cover at Dividend Channel, on 10/28/20, Main Street Capital Corporation (Symbol: MAIN) will trade ex-dividend, for its monthly dividend of $0.205, payable on 11/13/20. As a percentage of MAIN's recent stock price of $29.79, this dividend works out to approximately 0.69%, so look for shares of Main Street Capital Corporation to trade 0.69% lower — all else being equal — when MAIN shares open for trading on 10/28/20.
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 8.26% 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:
Looking at the chart above, MAIN's low point in its 52 week range is $14.11 per share, with $45.10 as the 52 week high point — that compares with a last trade of $29.72.
In Monday trading, Main Street Capital Corporation shares are currently off about 0.8% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
