Main Street Capital Q2 2024 Earnings Report
Key Takeaways
Main Street Capital Corporation announced strong second quarter 2024 results, including net investment income of $87.3 million ($1.01 per share) and distributable net investment income of $92.3 million ($1.07 per share). The company's net asset value increased to $29.80 per share. They declared regular monthly dividends totaling $0.735 per share for Q3 2024 and a supplemental dividend of $0.30 per share for Q2 2024.
Net investment income was $87.3 million (or $1.01 per share).
Distributable net investment income was $92.3 million (or $1.07 per share).
Total investment income reached $132.2 million.
Net asset value was $29.80 per share as of June 30, 2024.
Main Street Capital
Main Street Capital
Main Street Capital Revenue by Segment
Forward Guidance
Company's strong second quarter results and favorable outlook for the third quarter resulted in the declaration of a $0.30 per share supplemental dividend to be paid in September 2024.