SUBSEQUENT EVENTS |
3 Months Ended |
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Mar. 31, 2023 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS | SUBSEQUENT EVENTS In May 2023, Main Street declared a supplemental cash dividend of $0.225 per share payable in June 2023. This supplemental cash dividend is in addition to the previously announced regular monthly cash dividends that Main Street declared for the second quarter of 2023 of $0.225 per share for each of April, May and June 2023.
In May 2023, Main Street also declared regular monthly dividends of $0.23 per share for each month of July, August and September of 2023. These regular monthly dividends equal a total of $0.69 per share for the third quarter of 2023, representing a 7.0% increase from the regular monthly dividends paid in the third quarter of 2022. Including the regular monthly and supplemental dividends declared for the second and third quarters of 2023, Main Street will have paid $37.56 per share in cumulative dividends since its October 2007 initial public offering.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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