Main Street Capital Corporation announced on April 16, 2025, its preliminary operating results for the first quarter of 2025. The company estimates net investment income (NII) to be between $1.00 and $1.02 per share, and distributable net investment income (DNII) between $1.06 and $1.08 per share.
The preliminary estimate for net asset value (NAV) per share as of March 31, 2025, is $32.00 to $32.06. This represents an increase of $0.35 to $0.41 per share, or 1.1% to 1.3%, from the NAV per share of $31.65 as of December 31, 2024, after accounting for a $0.30 per share supplemental dividend paid in March 2025.
Main Street estimates a quarterly annualized return on equity of over 16% for the first quarter of 2025. Non-accrual investments are preliminarily estimated at 1.7% of the total investment portfolio at fair value and 4.5% at cost as of March 31, 2025.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.