Professor Glenn A. Okun
Main Street (MAIN): The company expects fourth quarter net investment income of $1.06 to $1.08 and net asset value per share of $29.17 to $29.23. This would represent an increase of .84 to .90 per share, or 3.0% to 3.2%, from net asset value per share of $28.33 as of September 30, 2023. Realized and unrealized gains in portfolio value were responsible for the net asset value gain. MAIN generated an estimated return on equity of over 22% for the fourth quarter.
N.B.: MAIN continues to provide excellent shareholder value. It has set records for net asset value, net investment income per share and return on equity on a quarterly and year over year basis.
Leave a comment