SUBSEQUENT EVENTS |
9 Months Ended |
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Sep. 30, 2024 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS | SUBSEQUENT EVENTS Our management has evaluated subsequent events through the date of issuance of the consolidated financial statements, and identified the following to report:
In November 2024, Main Street declared a supplemental dividend of $0.30 per share payable in December 2024. This supplemental dividend is in addition to the previously announced regular monthly dividends that Main Street declared of $0.245 per share for each of October, November and December 2024, or total regular monthly dividends of $0.735 per share for the fourth quarter of 2024. In November 2024, Main Street also declared regular monthly dividends of $0.25 per share for each month of January, February and March of 2025. These regular monthly dividends equal a total of $0.75 per share for the first quarter of 2025, representing a 4.2% increase from the regular monthly dividends paid in the first quarter of 2024. Including the regular monthly and supplemental dividends declared for the fourth quarter of 2024 and first quarter of 2025, Main Street will have paid $43.675 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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