MAIN — 3 entries on this page, 0 of them a change of direction.
I have always loved Goldman Sachs, Morgan Stanley, and Main Street Capital, a business development company that generates a 7% return.
Main Street Capital is one of the greatest monthly dividend paying stocks of all time for a multitude of reasons. However, like most BDC's in the last year, they have really struggled, especially compared to the broader market.
If we just look at the performance versus the S&P 500, we're talking about underperformance of around 30% at least on a price return basis. If we do look at this on a total return basis, it's a little bit of a different story, but they're still significantly underperforming.
This is true whether we look at it over the last year or year to date.
Now, the next company's Main Street Capital, ticker symbol M A I N. Now, this one's really interesting because this one is a BDC or a business development company. It's part of the middle market lending industry.
Now these companies are interesting because when we jump over and look at their dividend you can see they pay a fairly good dividend. Their dividend yield right now is a bit over 7%
