Main Street Announces Regular Monthly Dividend Increase

HOUSTON, May 7, 2019 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that its Board of Directors declared regular monthly cash dividends of $0.205 per share for each of July, August and September 2019.  These monthly dividends, which will be payable pursuant to the table below, total $0.615 per share for the third quarter of 2019 and represent a 7.9% increase from the regular monthly dividends paid for the third quarter of 2018 and a 2.5% increase from the regular monthly dividends declared for the second quarter of 2019. 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 $26.285 per share in cumulative cash dividends since its October 2007 initial public offering at $15.00 per share. 

As previously discussed by Main Street, it is Main Street's current intention to fully absorb its semi-annual supplemental dividends into its regular monthly dividends, and in the process maintain and grow its total combined dividends, by gradually reducing its semi-annual supplemental dividends while increasing its regular monthly dividends over multiple years beginning in 2019.  

Summary of Third Quarter 2019 Regular Monthly Dividends

Declared	Ex-Dividend Date	Record Date	Payment Date	Amount Per Share
5/6/2019 5/6/2019 5/6/2019	6/27/2019 7/17/2019 8/19/2019	6/28/2019 7/18/2019 8/20/2019	7/15/2019 8/15/2019 9/16/2019	$0.205 $0.205 $0.205
		Total for Third Quarter 2019:		$0.615