|Bid||0.00 x N/A|
|Ask||0.00 x N/A|
|Day's range||44.42 - 44.80|
|52-week range||44.42 - 44.80|
|Beta (5Y monthly)||1.45|
|PE ratio (TTM)||9.59|
|Earnings date||23 Feb 2022 - 28 Feb 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
This has pushed the S&P 500's dividend yield down to 1.27%, which isn't far off its all-time low of 1.1% set at the peak of the dot-com bubble 20 years ago. To better understand Main Street Capital's business model, it might be helpful to start by explaining the function of a business development company. BDCs are investment companies that exist to meet the financing needs of smaller companies.
Zacks Industry Outlook Highlights: Main Street Capital, Bain Capital Specialty Finance and Newtek Business Services
Thank you for joining us for Main Street Capital Corporation's third quarter 2021 earnings conference call. Main Street issued a press release yesterday afternoon that details the company's third quarter financial and operating results.