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MAIN
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(03-03-2015, 03:11 PM)Roadmap2Retire Wrote: Ive been watching and keep an eye on BDCs for a while, and finally decided to pull the trigger last week after MAIN announced a dividend increase. I had been a bit nervous about it as their concentration was only in the southern US states and I did not recognize any of the invested companies' names. But I guess that is the name of the game - they invest and provide capital to small/micro companies. But I took comfort in BDC_Buzz's analysis that it was the most conservative BDC out there.

Co-incidentally, MAIN is now a Dividend Challenger in Dave Fish's latest CCC list (the Feb 2015 edition) with a 5-yr streak. The 1, 3, and 5 years dividend growth rates are: 7.3%, 8.5%, and 5.9% respectively. Chowder rule is 12.7.

Looking forward to the juicy 6.8% yields going forward.

I have MAIN in my portfolio and am torn between buying more or just holding onto what I got. I like all the stuff that you said, but there's also the issue of MAIN having a negative operating cash flow and a payout ratio of 110%. I only did a cursory glance just a few minutes ago, so you probably know more about the current situation than I do.
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Messages In This Thread
MAIN - by Roadmap2Retire - 03-03-2015, 03:11 PM
RE: MAIN - by Joey Batz - 03-06-2015, 01:38 PM
RE: MAIN - by Roadmap2Retire - 03-07-2015, 08:56 PM
RE: MAIN - by Be Here Now - 03-10-2015, 01:59 PM
RE: MAIN - by kayboy - 03-10-2015, 07:22 PM
RE: MAIN - by Dividend Watcher - 03-11-2015, 01:48 PM
RE: MAIN - by Roadmap2Retire - 04-23-2015, 09:22 AM



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