Get Rich - Stay Rich - Investing for Monthly Income

Posts Tagged ‘monthly dividend stocks’

Main Street increases Monthly Dividends Again in Q3

Main Street Capital Corporation (MAIN) announced today that its Board of Directors declared monthly dividends of $0.145 per share for each of July, August and September 2012. These monthly dividends equal a total of $0.435 per share for the third quarter of 2012. The third quarter 2012 dividends represent an 11.5% increase from the dividends declared for the third quarter of 2011 and a 3.6% increase compared to the second quarter of 2012. Including the dividends declared for the third quarter of 2012, Main Street will have paid $7.58 per share in cumulative dividends since its October 2007 initial public offering.

MAIN is trading at $25.68 with a market cap of $695 million.  MAIN has a current annual dividend yield of 6.5% that is paid monthly.  MAIN will report Q1 earnings on May 3.  MAIN has had a positive EPS surprise in 7 straight quarters so this is one stock to watch this week.

Last post for MAIN Dividend Increase.

Main Street Capital Corporation (MSCC) is a principal investment firm primarily focused on providing customized debt and equity financing to lower middle market (LMM) companies with annual revenues between $10 million and $100 million that operate in diverse industries. The Company invests primarily in secured debt instruments, equity investments, warrants and other securities of LMM companies based in the United States. Its principal investment objective is to maximize its portfolio’s total return by generating current income from its debt investments and capital appreciation from its equity and equity-related investments, including warrants, convertible securities and other rights to acquire equity securities in a portfolio company.

 

Main Street Capital (MAIN) Increases Monthly Dividend 7.7%

Main Street Capital Corporation (MAIN) announced that its Board of Directors declared monthly dividends of $0.14 per share for each of April, May
and June 2012.  These monthly dividends, which will be payable pursuant to the table below, equal a total of $0.42 per share for the second quarter of 2012. The second quarter 2012 dividends represent a 7.7% increase from the dividends declared for the second quarter of 2011 and a 3.7% increase compared to the first quarter of 2012.  Including the dividends  declared for the second quarter of 2012, Main Street will have paid $7.14 per share in cumulative dividends since its October 2007 initial public offering.

MAIN is trading at $24.83 with an annual dividend yield of 6.8% paid on a monthly basis.  It has a PE of 9.3 and a market cap of $662 million.  MAIN has an equity summary score of 10 out of 10 for a very bullish outlook.  On 03/08/12, the company announced quarterly earnings of 0.45 per share, a positive surprise of 9.2% above the consensus 0.41.  Over the past 4 quarters, the company has reported 4 positive (>2%), 0 negative(<-2%), and 0 in-line (within 2%) surprises.  The average surprise for this time period has been 14.7%.  MAIN’s current quarter consensus estimate has remained relatively unchanged over the past 90 days at 0.42.  Estimates within its Industry have moved an average of 0.0% during the same time period.  During the past four weeks, analysts covering MAIN have made no upward or downward EPS estimate revisions for the current quarter.  Ativo Research projects as of this date that MAIN will GREATLY OUTPERFORM the market averages over the next 6 to 12 months leading to our decision of a STRONG BUY.

Main Street Capital Corporation (MSCC) is a principal investment firm focused on providing customized financing solutions to lower middle-market companies with annual revenues between $10 million and $100 million. The Company was formed for the purpose of acquiring 100% of the equity interests of Main Street Mezzanine Fund, LP (MSMF) and its general partner, Main Street Mezzanine Management, LLC (MSMF GP); acquiring 100% of the equity interests of Main Street Capital Partners, LLC (the Investment Manager); raising capital in an initial public offering (IPO), which was completed in October 2007, and thereafter operating as an internally managed business development company (BDC).  MSMF is licensed as a Small Business Investment Company (SBIC) by the United States Small Business Administration (SBA) and the Investment Manager acts as MSMF’s manager and investment adviser. The Company invests primarily in secured debt instruments, equity y investments, warrants and other securities.

Want To Create A Second Income?

Louisville, KY, October 28 2011 – Get Rich Investments, an online leader in helping individuals to create income producing investments, has a newsletter to guide investors seeking a second income.  This is one of the most valuable tools for investors to learn how to create monthly income from stocks and option strategies.

Does the idea of using an income investing strategy to create a second income every month on your funds appeal to you?  Get Rich Investments has created the Get Rich Monthly Income Plan to teach individuals how to create multiple streams of investing income.  This is a low-cost newsletter providing the following services:

    1. A list of CEFs (closed-end funds) that pay monthly dividends month after month. These investments can pay more than 10% annually and can sometimes be purchased at a discount to net asset value.
    2. A list of covered call trades consisting of high quality stocks such as the S&P 5-star research rating of the best stocks that are recommended as strong buys. These lists are updated each week with select trades added daily.
    3. Low risk investments to minimize market risk and to prevent your portfolio from taking a big lost in such uncertain market environments like we are experiencing today.
    4. We have created a strategy called the Blanket Put that will protect your investment from market downturns. The Blanket Put is your safety blanket to protect your portfolio from market downturns. This is worth the membership fee by itself.
    5. Access to multiple education resources to better learn how to be a more successful investor. Trades don’t end when you make a stock buy, sell a call, or complete the trade. Here we want members to be educated about how to manage a trade and when to take action.

The Get Rich Monthly Income Plan diversifies risk by seeking multiple streams of income. You can create monthly income by: covered call trades, covered LEAPS, calendar spread trades, monthly dividend CEFs and dividends from owning high quality, conservative stocks. That is 5 streams of income from this simple list as we focus on “cash flow” to the investor to improve your quality of life.

We have more than 20 years experience in the markets including trading covered calls and monthly income investments.  In addition, we have Masters in Business Administration (MBA) from a top business school and other experience in corporate finance and strategy.  We have authored several books including the original Get Rich – Stay Rich: Investing for Monthly Income that is currently on sale at Amazon and other bookstores around the world. It is important to you that your monthly income is in qualified, experienced investor hands who can be trusted to deliver the best trades.

Learn more about investing for income.

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