Published Wed, 12 Sep 2018 21:58:01 -0400 on Seeking Alpha
Author’s Note: PART 1 of this article analyzed Main Street Capital Corp.’s (MAIN) recent quarterly results and compared several of the company’s metrics to twelve other business development company (“BDC”) peers. PART 1 helps lead to a better understanding of the topics and analysis that will be discussed in PART 2. The link to PART 1’s analysis is provided below:
Comparing Main Street Capital's NAV, Dividend, And Valuation To 12 BDC Peers (Post Q2 2018 Earnings) - Part 1
I also provided readers the following “supplemental” article which compared PART 1’s metrics to Prospect Capital Corp. (PSEC) and a recently added BDC stock to my coverage list, PennantPark Floating Rate Ltd. (PFLT):
Prospect Capital's NAV, Valuation, And Dividend Compared To 14 BDC Peers (Post Q2 2018 Earnings)
This two-part article is a very detailed analysis comparing MAIN to some of the company’s BDC peers. I am writing this two-part article due to the continued requests that such an analysis be specifically performed on MAIN and some of the company’s BDC peers at periodic intervals. For readers who just want the summarized conclusions/results, I would suggest scrolling down to the “Conclusions Drawn” section at the bottom of each part of the article.
Focus of Article: The focus of PART 2 of this article is to compare MAIN’s recent dividend per share rates, yield percentages, and several other dividend... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|OAKTREE SPECIALTY LENDING||4.90||0.0||-1.39||0.50||10.02|
|PENNANTPARK FLOATING RATE CAPITAL||11.94||29.8||0.40||1.14||9.40|
|OAKTREE STRATEGIC INCOME||8.48||24.2||0.35||0.62||7.27|
|NEWTEK BUSINESS SERVICES||21.83||0.0||0.00||1.84||7.26|
|GOLUB CAPITAL BDC||17.78||14.6||1.22||1.28||7.20|
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