SmarterDividends
MAIN

Main Street Capital Corporation

MAIN

Financial Services · Stock · monthly payer

Forward Yield

8.42%

Annual Dividend

$4.38

Payout Ratio

90%

5-Yr Growth

4.5%

Ex-Date

Jun 8, 2026

Frequency

Monthly

MAIN Dividend Safety Score

54/ 100
Grade C

Borderline

Dividend-growth streak3 consecutive years of growth
Cut historyCut its dividend in 2022
Earnings payout coverage90% of earnings paid out
Balance-sheet strengthDebt/equity of 0.82
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is MAIN a good dividend stock?

Mixed

Main Street Capital Corporation (MAIN) pays a monthly dividend yielding 8.42% ($4.38/yr), with 17 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

  • 17 consecutive years of dividend growth

Risks

  • Cut its dividend in 2022
  • Elevated payout ratio (90%)
  • Very high yield can signal elevated risk

Key Data

Dividend Yield
8.42%
Payout Ratio
90%
Annual Dividend
$4.38
5-Yr Avg Growth
4.5%
Ex-Dividend Date
Jun 8, 2026
Years of Growth
17
Frequency
monthly
Beta
0.73
Market Cap
$4.8B
P/E Ratio
11.0
5-Yr Total Return
26%
52-Week Range
$48.95 – $67.77
Dividend Safety
C · 54/100
Ever Cut?
Yes (2022)
MAIN ex-dividend date & scheduleNext ex-date Jun 8, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $4.38 / yr per share

Per payment (monthly)$36.50
Annual$438.00
Monthly avg$36.50