SUBSEQUENT EVENTS |
12 Months Ended |
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Dec. 31, 2025 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS | SUBSEQUENT EVENTS The Company’s management has evaluated subsequent events through the date of issuance of the consolidated financial statements, and identified the following to report:
In February 2026, Main Street expanded the total commitments under the Corporate Facility by $30.0 million to $1.175 billion. The increase in total commitments was the result of the addition of a new lender relationship, which further diversifies the lender group.
In February 2026, Main Street declared a supplemental dividend of $0.30 per share payable in March 2026. This supplemental dividend is in addition to the previously announced regular monthly dividends that Main Street declared of $0.26 per share for each month of January, February and March 2026, or total regular monthly dividends of $0.78 per share for the first quarter of 2026, resulting in total dividends declared for the first quarter of 2026 of $1.08 per share.
In February 2026, Main Street also declared regular monthly dividends of $0.26 per share for each month of April, May and June of 2026. These regular monthly dividends equal a total of $0.78 per share for the second quarter of 2026, representing a 4.0% increase from the regular monthly dividends paid in the second quarter of 2025. Including the regular monthly and supplemental dividends declared through the second quarter of 2026, Main Street will have paid $49.015 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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