Main Street sees Q3 DNII $1.03-$1.05, consensus $1.00

Sees Q3-end NAV per share $28.30-$28.36, representing an increase of 61c-67c per share, or 2.2% to 2.4%, from the NAV per share of $27.69 as of June 30, 2023, with this increase after the impact of the supplemental dividend paid in September 2023 of 27.5c per share. CEO Dwayne Hyzak stated, “We are pleased with our performance in Q3, which resulted in continued strong recurring operating results, a new record for net asset value per share for the fifth consecutive quarter and a return on equity of over 17%. These Q3 results continued our positive performance over the last few quarters and resulted in a return on equity of over 17% on a trailing twelve-month basis…Our distributable net investment income in Q3 exceeded the monthly dividends paid to our shareholders by over 45% and the total dividends paid to our shareholders by over 5%…we expect another meaningful supplemental dividend to be paid in Q4. This would represent our ninth consecutive quarterly supplemental dividend, to go with the six increases to our regular monthly dividends in the same time period, allowing us to deliver significant value to our shareholders, while continuing to maintain a conservative dividend policy and retain a meaningful portion of our income for the future benefit of our stakeholders.”