|9 Months Ended|
Sep. 30, 2022
|Subsequent Events [Abstract]|
|SUBSEQUENT EVENTS||SUBSEQUENT EVENTS
In November 2022, Main Street declared a supplemental cash dividend of $0.10 per share payable in December 2022. This supplemental cash dividend is in addition to the previously announced regular monthly cash dividends that Main Street declared for the fourth quarter of 2022 of $0.22 per share for each of October, November and December 2022.
In November 2022, Main Street declared regular monthly dividends of $0.225 per share for each month of January, February and March of 2023. These regular monthly dividends equal a total of $0.675 per share for the first quarter of 2023, representing a 4.7% increase from the regular monthly dividends paid in the first quarter of 2022. Including the regular monthly and supplemental dividends declared for the fourth quarter of 2022 and first quarter of 2023, Main Street will have paid $35.795 per share in cumulative dividends since its October 2007 initial public offering.
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