The dividend will be paid on 15 January 2025 to shareholders of record on 8 January 2025. The ex-dividend date is 8 January 2025.
MAIN’s contribution to DivGro’s projected annual dividend income will increase by $12 to $600.
I own 200 shares of MAIN at an average cost basis of $18.46 per share. Following this increase, my yield on cost is 16.25%. (MAIN’s forward yield is 5.77% at $52.00 per share).
Since I opened my MAIN position in March 2010, the stock has produced total returns of 356% (13.7% annualized), including $6,441 in dividend income.
5-Year History of Dividend Payouts by Ex-Date
2020 | 2021 | 2022 | 2023 | 2024 | • | 2025 |
$2.460 | $2.475 | $2.590 | $2.745 | $2.910 | ⬆ | $3.000✝ |
1.44% | 0.61% | 4.85% | 5.78% | 6.01% | ⬇ | 3.09% |
5-year DGR: | 3.71% | ⬆ | 4.05% |
✝projected, assuming no further changes
Additionally, MAIN declared a supplemental cash dividend of 30¢ per share, payable on 27 December, to shareholders on record as of 20 December.