5 Monthly Dividend Stocks To Breeze Through Your Retirement

3. Main Street Capital Corporation (NYSE: MAIN)

Number of Hedge Fund Holders: 8
Dividend Yield: 6.1%

Main Street Capital Corporation (NYSE: MAIN) is a private equity firm and is next on our list of monthly dividend stocks to breeze through your retirement. The company primarily focuses on equity capital for lower middle-market companies and ranks 3rd on our list.

Back in March, Raymond James upgraded shares of Main Street Capital Corporation (NYSE: MAIN) from Market Perform to Outperform. The firm also placed a price target of $41 on the shares at the same time.

In the second quarter of 2021, Main Street Capital Corporation (NYSE: MAIN) had an NII of $0.62, beating estimates by $0.05. The company’s TII was $67.29 million, up 29.39% year-over-year and beating estimates by $5.22 million. Main Street Capital Corporation (NYSE: MAIN) has gained 6.85% in the past 6 months and 30.85% year-to-date.

By the end of the second quarter of 2021, 8 hedge funds out of the 873 tracked by Insider Monkey held stakes in Main Street Capital Corporation (NYSE: MAIN) worth roughly $19 million. This is compared to 10 hedge funds in the previous quarter with a total stake value of approximately $34 million.