Current Yield
8.20%
TTM Dividend/Share
$4.29
Payment Frequency
Monthly
Payout Ratio
90.3%
Consecutive Growth Years
6 (Dividend Challenger)
Key takeaways
- Dividend Challenger — Main Street Capital (MAIN) has raised its dividend for 6 consecutive years.
- Main Street Capital (MAIN) currently yields 8.20%, paying $4.29 per share over the trailing twelve months, distributed monthly.
- Payout ratio is 90.3% — the share of earnings distributed as dividends.
- 2 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 13.41%.
Dividend yield valuation for Main Street Capital (MAIN)
Current dividend yield vs its own 1Y / 3Y / 5Y historical averages — a rough valuation signal.
Valuation zone | Above average — potential buy zone |
Current yield (now) | 8.20% |
1-year average yield | 6.29%now 1.91 pp above |
3-year average yield | 6.71%now 1.49 pp above |
5-year average yield | 6.48%now 1.72 pp above |
MAIN: a yield above its history can signal value (or risk); below can signal a rich price. One valuation signal among many — review fundamentals before investing.
Dividend health for Main Street Capital (MAIN)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 21.6% |
FCF payout ratio | 25.7% |
Net debt / EBITDA | 5.2x |
Interest coverage | 3.71x |
ROIC (TTM) | 10.3% |
Dividend safety score for Main Street Capital (MAIN)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
2 of 8 checks passed
Payout ratio below 75%
Payout ratio is 90.3%, above the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $26M — FCF fully covers the payout.
No dividend cuts in 10+ years
26 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
Only 6 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 25.7%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 5.2x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (13.4%) exceeds EPS growth (-16.5%) — payout ratio expanding.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
251 payments from 2008 to 2026 · Adj. Dividend is split-adjusted
| Sep 8, 2026 | Sep 15, 2026 | $0.2650 | $0.2650 |
| Aug 7, 2026 | Aug 14, 2026 | $0.2650 | $0.2650 |
| Jul 8, 2026 | Jul 15, 2026 | $0.2650 | $0.2650 |
| Jun 22, 2026 | Jun 29, 2026 | $0.3000 | $0.3000 |
| Jun 8, 2026 | Jun 15, 2026 | $0.2600 | $0.2600 |
| May 8, 2026 | May 15, 2026 | $0.2600 | $0.2600 |
| Apr 8, 2026 | Apr 15, 2026 | $0.2600 | $0.2600 |
| Mar 20, 2026 | Mar 27, 2026 | $0.3000 | $0.3000 |
| Mar 6, 2026 | Mar 13, 2026 | $0.2600 | $0.2600 |
| Feb 6, 2026 | Feb 13, 2026 | $0.2600 | $0.2600 |
| Jan 8, 2026 | Jan 15, 2026 | $0.2600 | $0.2600 |
| Dec 22, 2025 | Dec 29, 2025 | $0.3000 | $0.3000 |
- Sep 8, 2026$0.2650
- Aug 7, 2026$0.2650
- Jul 8, 2026$0.2650
- Jun 22, 2026$0.3000
- Jun 8, 2026$0.2600
- May 8, 2026$0.2600
- Apr 8, 2026$0.2600
- Mar 20, 2026$0.3000
- Mar 6, 2026$0.2600
- Feb 6, 2026$0.2600
- Jan 8, 2026$0.2600
- Dec 22, 2025$0.3000
Historical dividend yield for Main Street Capital (MAIN)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 6.29%5Y: 6.48%10Y: 6.62%
Dividend per share for Main Street Capital (MAIN)
CAGR (per year)1Y: 9.30%5Y: 13.41%10Y: 4.75%→ Stable
| Year | Total ($/share) | Payments |
|---|---|---|
| 2008 | $1.55 | 7 |
| 2009 | $1.38 | 11 |
| 2010 | $1.50 | 12 |
| 2011 | $1.70 | 13 |
| 2012 | $1.73 | 12 |
| 2013 | $2.67 | 15 |
| 2014 | $2.55 | 14 |
| 2015 | $2.66 | 14 |
| 2016 | $2.73 | 14 |
| 2017 | $2.79 | 14 |
| 2018 | $2.85 | 14 |
| 2019 | $2.92 | 14 |
| 2020 | $2.25 | 11 |
| 2021 | $2.58 | 13 |
| 2022 | $2.94 | 16 |
| 2023 | $3.47 | 15 |
| 2024 | $3.87 | 15 |
| 2025 | $4.23 | 16 |
| 2026 | $2.96 | 11 |
Dividend growth for Main Street Capital (MAIN)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2026 | $4.2300 | — | — |
| 2025 | $3.8700 | $4.2300 | +9.3% |
| 2024 | $3.4700 | $3.8700 | +11.5% |
| 2023 | $2.9450 | $3.4700 | +17.8% |
| 2022 | $2.5750 | $2.9450 | +14.4% |
| 2021 | $2.2550 | $2.5750 | +14.2% |
| 2020 | $2.9150 | $2.2550 | -22.6% |
| 2019 | $2.8500 | $2.9150 | +2.3% |
| 2018 | $2.7900 | $2.8500 | +2.2% |
| 2017 | $2.7300 | $2.7900 | +2.2% |
| 2016 | $2.6600 | $2.7300 | +2.6% |
| 2015 | $2.5500 | $2.6600 | +4.3% |
| 2014 | $2.6750 | $2.5500 | -4.7% |
| 2013 | — | $2.6750 | — |
- 2026—
- 2025$4.2300
- 2024$3.8700
- 2023$3.4700
- 2022$2.9450
- 2021$2.5750
- 2020$2.2550
- 2019$2.9150
- 2018$2.8500
- 2017$2.7900
- 2016$2.7300
- 2015$2.6600
- 2014$2.5500
- 2013$2.6750
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
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Main Street Capital (MAIN) Key Financials
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