Main Street Capital Corporation
MAINMain Street Capital Corporation (MAIN) is a Financial Services company that currently yields 6.32% — trading near fair value based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $25.40 and the overvaluation threshold at $54.53. Main Street Capital Corporation holds a quality score of 32/100 (Risky), reflecting 5 consecutive years of dividend growth with a 90% payout ratio. The 5-year dividend CAGR stands at 13.4%.
MAIN Dividend Yield History — Weiss Valuation
Distance to undervalued
Waiting for a better entry
Needs about 50.2% downside to reach the Weiss buy zone
Undervaluation starts near $25.40, where the annual dividend would imply roughly 12.70% yield. That is 6.38% above today's yield.
Buy-zone price
$25.40
Target yield
12.70%
Research checklist
What to clear before buying the yield
Updated Jul 9, 2026
Dividend durability
5YVerify the dividend record before treating yield as durable.
Earnings payout
90%Coverage deserves a closer look in filings.
Cash payout
171%Confirm cash conversion and one-off effects.
Dividend growth
13.4%Recent growth adds income compounding potential.
What changed
What changed since the last update
2026-07-08 → 2026-07-09
Weiss signal
Overvalued → Fair
Signal moved from overvalued to fair.
Price
-2.6%$52.41 → $51.05
Price fell 2.6% since the prior snapshot.
Dividend yield
+0.16 pp6.15% → 6.32%
Yield expanded from 6.15% to 6.32%.
Why Now?
Main Street Capital Corporation is trading at a fair valuation relative to its dividend history.
Current yield 6.3% vs historical max 18.6% (34% of maximum).
5 years of uninterrupted dividends.
Elevated payout ratio of 90%.
What matters now
Read the signal before the headline yield
Valuation is neutral here: quality has to do more of the work than entry price.
The 32/100 quality score says the headline yield needs extra skepticism.
Free cash flow payout is above 100%, so cash coverage is the first risk to unpack.
MAIN Dividend Income Projection — DRIP Compounder
Dividend Compounder (DRIP)
Year 1 Income
$716
Year 10 Income
$6,367
Yield on Cost
77.81%
Total Income
$25,025
Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.
Track actual vs. projected
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Dividend income log · Yield on cost · DRIP cost basis · Tax reports
More research
Full price history & technical analysis
TradingView ↗Fundamentals, valuation & analyst ratings
FinViz ↗Moat rating & analyst fair value
Morningstar ↗Track dividends received & tax reports
Sharesight ↗MAIN Dividend Quality Score
Quality Score
Risky
Key Metrics
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In-depth analysis
→ MAIN Dividend Analysis Article