|Free Dividend Report|
|MAIN Dividend History|
|MAIN Stock Split History|
|Preferred Stock Newsletter|
|MAIN Options Chain|
|MAIN Message Board|
Main Street Capital (MAIN) has 1 split in our MAIN split history database. The split for MAIN took place on July 24, 1995. This was a 1 for 4 reverse split, meaning for each 4 shares of MAIN owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 250 share position following the split.
When a company such as Main Street Capital conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the MAIN split history from start to finish, an original position size of 1000 shares would have turned into 250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Main Street Capital shares, starting with a $10,000 purchase of MAIN, presented on a split-history-adjusted basis factoring in the complete MAIN split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||10.62%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||8.21%|
|About Main Street Capital|
|Main Street Capital is a principal investment firm primarily focused on providing debt and equity financing to lower middle market (LMM) companies and debt capital to middle market (Middle Market) companies. The portfolio investments of Co. and its subsidiaries are made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in various industry sectors. Co. invests primarily in secured debt investments, equity investments, warrants and other securities of LMM companies and in secured debt investments of Middle Market companies. Co.'s external asset management business is conducted through its MSC Adviser I, LLC subsidiary. According to our MAIN split history records, Main Street Capital has had 1 split.|
|MAIN Split History Table|
|07/24/1995||1 for 4|
|Financials Stock Splits|
|MAIN is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: MAIN shares outstanding history