Main Street Capital (NYSE:MAIN) has been a favorite BDC of mine with prices finally coming off March highs of over $34 but it is still considered overpriced by many investors. Or is it? Recently I have considered the multiples that investors are paying in relation to risk profiles but there also needs to be some consideration for its total return. MAIN has grown its net asset value ("NAV") more than any other dividend paying BDC and is one of the few BDCs that did not cut its dividend during the financial crisis and has grown it since its IPO in October 2007 as well as started paying special dividends semiannually. In this article I will take all...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|