As mentioned in previous articles, I'm expecting many business Development Companies ("BDCs") to report net asset value "NAV" increases, adequate dividend coverage, and reaffirming current dividends. However, I'm also expecting some BDCs to cut dividends in August 2020. This article discusses Main Street Capital (MAIN) which recently released preliminary Q2 2020 results. Please see the end of this article for details.
Clearly, the potential for additional or renewed lockdowns related to COVID-19 is a concern driving markets lower, including BDCs that peaked on June 8 (including MAIN at $35.82) are