Business development company (BDC) Main Street Capital (MAIN) recently announced that it will release its Q4 and full year earnings for 2013 on February 27, 2014. If recent insider transactions are any indication of what to expect, then those 2013 figures should be outstanding. In December of 2013 alone, there were no fewer than 26 insider transactions conducted by 12 company insiders, many of whom were buying at market price. When you see an insider buying cluster like this, you can bet they know something we don’t. The company currently pays a 6.2 percent dividend, but it raised that twice in 2013 alone. The question is, will its earnings be spectacular enough to raise that yield again? Insiders seem to think so.
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers:
Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services: