Main Street Capital Corp. Director Purchases 1,000 Shares (MAIN)
Main Street Capital Corp. (NASDAQ:MAIN) Director John Earl Jackson bought 1,000 shares of the company’s stock on the open market in a transaction that occurred on Thursday, September 19th. The stock was purchased at an average cost of $29.94 per share, with a total value of $29,940.00. Following the transaction, the director now directly owns 3,599 shares of the company’s stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Main Street Capital Corp. (NASDAQ:MAIN) traded down 0.42% during mid-day trading on Thursday, hitting $29.7654. The stock had a trading volume of 150,763 shares. Main Street Capital Corp. has a 52-week low of $25.52 and a 52-week high of $34.45. The stock’s 50-day moving average is $29.78 and its 200-day moving average is $30.05. The company has a market cap of $1.042 billion and a P/E ratio of 9.58.
The company also recently declared a monthly dividend, which is scheduled for Monday, December 16th. Investors of record on Thursday, November 21st will be given a dividend of $0.16 per share. This represents a $1.92 dividend on an annualized basis and a yield of 6.42%. The ex-dividend date of this dividend is Tuesday, November 19th.
Main Street Capital Corporation (NASDAQ:MAIN) is a principal investment firm primarily focused on providing customized debt and equity financing to lower middle market (LMM) companies, which it generally define as companies with annual revenues between $10 million and $100 million that operate in diverse industries.
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