Jun 30, 2022

Main Street Capital Q2 2022 Earnings Report

Main Street announced strong second quarter results, including record net investment income per share. The company's adjusted distributable net investment income per share exceeded regular monthly dividends. A second monthly dividend increase in 2022 and a supplemental dividend were approved.

Key Takeaways

Main Street Capital Corporation announced its financial results for the second quarter of 2022, featuring a net investment income of $0.75 per share, distributable net investment income of $0.80 per share, and adjusted distributable net investment income of $0.78 per share. The company's net asset value was $25.37 per share as of June 30, 2022.

Net investment income of $54.7 million (or $0.75 per share)

Distributable net investment income of $58.3 million (or $0.80 per share)

Adjusted distributable net investment income of $57.1 million (or $0.78 per share)

Total investment income of $85.2 million

Total Revenue
$85.2M
Previous year: $67.3M
+26.6%
EPS
$0.78
Previous year: $0.62
+25.8%
Net Asset Value per Share
$25.4
Previous year: $24.2
+4.8%
Cash and Equivalents
$43.4M
Previous year: $58.8M
-26.2%

Main Street Capital

Main Street Capital

Forward Guidance

Company recommended an increase to regular monthly dividends to $0.22 per share and a supplemental dividend of $0.10 per share.