Main Street Capital Investor Day Presentation Deck
5 Year Strategic Overview - Shareholder Dividends
Goal is to provide
meaningful annual growth
of MAIN's Monthly
Dividends
Supplemental Dividends
provide the opportunity for
additional shareholder
returns
MAIN plans to retain future
realized gains for
reinvestment
Main Street Capital Corporation
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Long-term plan includes growth of Monthly Dividends and
variable quarterly Supplemental Dividends based upon actual
DNII per share
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MAIN ST
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CAPITAL CORPORATION
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Goal to provide higher growth rates for Monthly Dividends in forward
five years
We expect to recommend that our Board declare future
Supplemental Dividends only to the extent Distributable Net
Investment Income (DNII) significantly exceeds monthly
dividends paid in future quarters
Supplement Dividends will be variable based upon actual DNII growth
and results, with goal to provide additional current return to MAIN
shareholders
Current performance and near-term expectations should result in
meaningful recurring supplemental dividends for the next few quarters
Supplemental Dividends, if any, will be at a discount to actual excess
earnings (DNII in excess of monthly dividends)
Any Supplement Dividends will also be in arrears on a quarterly basis,
providing additional flexibility
Current and long-term plan is to retain capital from realized gains
on our equity investments for future reinvestment purposes (as
opposed to paying these realized gains out as supplemental
dividends) as another tool to maintain conservative leverage
NYSE: MAIN
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