Main Street Capital is a business development company that pays a monthly dividend as well as a quarterly dividend. MAIN has a current dividend yield of 8.2% and a 5 year dividend growth rate of 3.91%. It has been paying a dividend since November of 2007 and it has a dividend safety rating of “Safe” according to SimplySafeDividends.com. The stock price is up by 25% in the last 5 years.
My Rules For Investing:
Never invest in anything that you do not completely understand.
Do not invest in a stock unless you are willing to hold it for the long term.
Never put more than 10% of your money into any one stock.