SmarterDividends

MAIN vs ARCC: Which Is the Better Dividend Stock?

As of July 2026, MAIN (Main Street Capital Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. ARCC offers the higher yield at 10.32%, MAIN has the higher dividend-safety score, and ARCC trades at the larger discount to fair value (+26%).

MetricMAINARCC
Forward yield8.19%10.32%
Annual dividend$4.38$1.92
Payout ratio90%118%
Years of growth3 yr0 yr
5-yr dividend growth5.2%3.7%
5-yr total return29%-6%
Dividend safety score58 (C)55 (C)
Fair value estimate$37.95$23.64
Upside to fair value-29%+26%
Frequencymonthlyquarterly
Market cap$5.0B$13.5B
P/E ratio11.311.5

Higher yield

ARCC

10.32%

Safer dividend

MAIN

Grade C

Faster growth

MAIN

5.2%

Better value

ARCC

+26% upside

MAIN vs ARCC — FAQ

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.