6J·

Main Street Capital

I have discovered this share $MAIN (+0,7 %) and am looking into building it up in the form of a savings plan as my first dividend share. The dividend yield of 8% is quite interesting, even if it is achieved through regular special distributions. It also has a decent increase in value. Around 30% annually since the IPO in 2007. As the company is a BDC, they are legally obliged to distribute 90% of profits, which led to a total of 16 dividend payments last year. My previous savings plans are geared more towards growth stocks, but I find them interesting as an addition. What do you think?

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9 Commentaires

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Have held Main Street in my portfolio for a long time. Excellent dividend stock. 👍
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Personally, I find $MAIN too expensive as always (price/NAV of 1.94). I have $ARCC in my portfolio and have $OBDC on my watchlist
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@GuenDolf It's just a matter of taste and everyone's decision.......
Expensive is always relative. Your two favorites have a PER of 8.3 and 9.2. $MAIN has a PER of 10.0. That's not so decisive for me now. What I find particularly interesting about $MAIN is that, in addition to the good dividend, they also have a very good share price performance for a dividend stock. In the past, your two stocks $ARCC and $OBDC have not done so well.
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@Multibagger For the valuation of BDCs, I would use the price/NAV ratio rather than the P/E ratio. Of course, you're absolutely right about the share price growth of $MAIN.
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And it should also not be overlooked that $MAIN pays its dividend every month and another special dividend at the end of the quarter. Keyword: Cash is king🏦
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@Zahlenschubser well, if that's how it goes then $OBDC also pays monthly and has a higher dividend yield compared to $MAIN 🤷🏼‍♂️
But as mentioned before, everyone has to know for themselves
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Your decision........
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You're right. I will do the same. But since dividend stocks are not my focus, I thought I'd ask here.
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