Main Dividend increase.

imageAnother dividend increase was announced and i love them. the more the better. Companys that regularly raise their dividend are awesome. One of the primary benefits of investing in dividend-paying companies is dividends tend to steadily grow over time.

So lets get down to the basics of this. HOUSTON, Aug. 2, 2017 /PRNewswire/ — Main Street Capital Corporation (NYSE:MAIN) (“Main Street”) is pleased to announce that its Board of Directors declared regular monthly cash dividends of $0.19 per share for each of October, November and December 2017.  These monthly dividends, which will be payable pursuant to the table below, total $0.57 per share for the fourth quarter of 2017 and represent a 3% increase from both the regular monthly dividends paid for the fourth quarter of 2016 and the regular monthly dividends declared for the third quarter of 2017.  Since its October 2007 initial public offering, Main Street has periodically increased the amount of its regular monthly dividends paid per share, and has never reduced its regular monthly dividend amount per share.  Including all dividends declared to date, Main Street will have paid $21.115 per share in cumulative cash dividends since its October 2007 initial public offering at $15.00 per share.

This dividend raise is $.005 so half a cent a month but compared over time it sure adds up Since I own 101.12 shares this will add up to .5056 extra a month or $6.067 a year\. Gotta love dividend raises.

MAIN $6.067

OHI 4.36 third raise this year

Duk 5.093

NRZ 9.27 second raise this year

O .081    This is the third raise for this year

Flo 3.49

Apple $19.12

OHI 2.03 2nd raise

O .80

Walmart .776

KO $1.22

OHI 1.24

NRZ $5.04

O $1.27

announced last year effective this year

CIM $3.51

ATT .80

The total is $64.1832 in raises so far.

Have you had any raises lately?

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Author: dividendsandhobbies

A Christian first and foremost. I love to invest fish grow a garden etc.

4 thoughts on “Main Dividend increase.”

  1. wow, this is awesome! I haven’t been able to track on raise of late. I’ve been buying up beaten up companies, I probably won’t see any big increase any foreseeable future. Companies like O and AT&T might have some small raises.

    Liked by 1 person

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