SmarterDividends
MAIN

Main Street Capital Corporation

MAIN

Financial Services · Asset Management · Stock · monthly payer

$53.77

Overvalued · -16% Add to Portfolio

Forward Yield

5.91%

Annual Dividend

$3.09

Payout Ratio

86%

5-Yr Growth

5.2%

Ex-Date

Nov 6, 2026

Frequency

Monthly

Key facts about MAIN's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 14, 2026, Main Street Capital Corporation (MAIN) has a forward dividend yield of 5.91%, based on an annual dividend of $3.09 per share and a share price of $53.77.
  • As of Oct 14, 2026, MAIN's dividend safety grade from SmarterDividends is C (54 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, Main Street Capital Corporation (MAIN) has raised its dividend for 3 consecutive years as of Oct 14, 2026.
  • MAIN last cut its regular dividend in 2022.
  • MAIN's next ex-dividend date is Nov 6, 2026, with payment on Nov 13, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 14, 2026, MAIN pays out 86% of its trailing 12-month earnings as dividends (its payout ratio).
  • MAIN's dividend has grown at an average rate of 5.2% a year over the past five years.
  • As of Oct 14, 2026, MAIN's 5.91% yield is 22% below its five-year average yield of 7.60%.
  • As of Oct 14, 2026, SmarterDividends' blended fair-value estimate for MAIN is $45.34 per share, 16% below the $53.77 share price, so MAIN screens as overvalued.
  • Main Street Capital Corporation (MAIN) pays its dividend monthly, 12 times a year.
Cite this page

SmarterDividends, "MAIN Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 14, 2026, https://smarterdividends.com/stocks/MAIN

Summary

As of Oct 14, 2026, Main Street Capital Corporation (MAIN) yields 5.91% ($3.09 a year per share), has a dividend safety grade of C (54/100) and has 3 consecutive years of dividend increases on record.

Is MAIN a good dividend stock?

Mixed

Main Street Capital Corporation (MAIN) pays a monthly dividend yielding 5.91% ($3.09/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Strong 5.2% 5-yr dividend growth

Risks

  • Cut its dividend in 2022
  • Elevated payout ratio (86%)

Key Data

Dividend Yield
5.91%
Payout Ratio
86%
Annual Dividend
$3.09
5-Yr Avg Growth
5.2%
Ex-Dividend Date
Nov 6, 2026
Years of Growth
3
Frequency
monthly
Beta
0.75
Market Cap
$5.0B
P/E Ratio
10.8
5-Yr Total Return
23%
52-Week Range
$48.95 – $65.23
Dividend Safety
C · 54/100
Ever Cut?
Yes (2022)
MAIN ex-dividend date & scheduleNext ex-date Nov 6, 2026 · full ex-dividend historyView →MAIN dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is MAIN a good dividend stock?

Mixed. Main Street Capital Corporation (MAIN) pays a monthly dividend yielding 5.91% ($3.09/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is MAIN undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MAIN's fair value is about $45.34 versus a $53.77 share price — so it looks overvalued (-16% vs. fair value).

Is MAIN's dividend safe?

MAIN has a dividend-safety grade of C (54/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 2022, debt and yield-versus-history.

What is MAIN's fair value?

Our blended fair-value estimate for MAIN is about $45.34 per share, about 16% below the current $53.77 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is MAIN a buy, hold, or sell?

We don't issue formal ratings, but on the data MAIN screens as "mixed" and overvalued. Main Street Capital Corporation (MAIN) pays a monthly dividend yielding 5.91% ($3.09/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

Will MAIN cut its dividend?

MAIN earns a dividend-safety grade of C (54/100), and has cut its dividend before (last in 2022). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does MAIN pay a dividend?

Yes. Main Street Capital Corporation pays a monthly dividend of about $3.09 per share annually, a forward yield of roughly 5.91%.

What is MAIN's dividend yield?

As of Oct 14, 2026, MAIN's forward dividend yield is 5.91%, based on a $3.09 annual dividend and a $53.77 share price.

What is MAIN's dividend per share?

As of Oct 14, 2026, MAIN pays $3.09 per share per year, distributed on a monthly basis.

What is MAIN's dividend payout ratio?

As of Oct 14, 2026, MAIN's payout ratio is 86% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has MAIN grown its dividend?

As of Oct 14, 2026, MAIN has increased its dividend for 3 consecutive years.

When is the next MAIN ex-dividend date?

As of Oct 14, 2026, the next ex-dividend date on record for MAIN is Nov 6, 2026.

Income Calculator

At $3.09 / yr per share

Per payment (monthly)$25.75
Annual$309.00
Monthly avg$25.75

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