E Daily Stock Pick: Main Street Capital

A portfolio of stocks I've been building since September 3, 2019, named Volio, will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the fifth of five financial services sector stocks poised to join my Volio folio this week. This could be my thirty-sixth pick for Volio!

That financial services sector includes twenty industries ranging from Asset Management, to 8 kinds of Banks, Credit, Exchanges, 6 kinds of Insurance, Savings, and all such financial concerns.

My subject today is a business development company named, Main Street Capital Corp. Its trading ticker symbol is MAIN. This is my second report for this portfolio on Main Street Capital Inc. Most recently I reported on them on March 24.

Main Street Capital Corp is an investment firm engaged in providing customized debt and equity financing to lower middle market companies and debt capital to middle market companies.

The investment portfolio of the company is typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors.

The group invests in secured debt investments, equity investments, warrants and other securities of the lower middle market and middle market companies based in the US.

Business is functioned through the U.S region and it derives the majority of the income from the source of fees, commissions, and interest.

MAIN has paid monthly dividends since 2008  and is based in Houston, Texas.

I use three key data points to gauge dividend equities or funds like Main Street Capital Corp:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest, or not.

Those three basic keys, however, best tell whether a company has made, is making, and will make money.

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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