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Main Street Capital shared its Q3 results, showing a 14.7% return on equity and a $0.30 dividend for December.

ResultsRead the original at Benzinga
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Main Street Capital reported a 14.7% return on equity, record net asset value of $34.22 per share, and higher dividends. Investment activity fell, but the strong results and payouts outweigh that slowdown.

MAIN · Main Street Capital

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The AI's read

The record value per share and higher payouts point to stronger results for investors. Added borrowing room also gives Main Street more capacity to fund investments. Investment activity fell, with a net decrease in lower middle market and private loan investments. The company described its private loan pipeline as well above average, and the strong results and payouts outweigh that slowdown in this report.

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