Main Street Capital Corporation (MAIN) Yield on Cost (YOC): 7.78%
The yield on cost (YOC) for Main Street Capital Corporation (MAIN) is 7.78%.
MAIN Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
7.78%
Forward Yield on Cost Projections
If you buy MAIN today at the current stock price of $51.78 with a yield of 7.78% and dividends continue to grow at the historical rate (13.4% CAGR), your YOC would be:
Current Yield
7.78%
YOC in 3 Years
12.79%
YOC in 5 Years
17.80%
YOC in 10 Years
40.71%
Interactive Yield on Cost Calculator
Project custom investment returns for Main Street Capital Corporation (MAIN) based on your custom cost basis.
Starting Yield
7.78%
Ending YOC
51.39%
Year 15 Dividend
$26.61
Cum. Dividends Recd.
$190.98
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $4.03 | — | 7.78% | $0.00 |
| Year 1 | $4.57 | +13.41% | 8.83% | $4.57 |
| Year 2 | $5.18 | +13.41% | 10.01% | $9.75 |
| Year 3 | $5.88 | +13.41% | 11.35% | $15.63 |
| Year 4 | $6.67 | +13.41% | 12.88% | $22.30 |
| Year 5 | $7.56 | +13.41% | 14.60% | $29.86 |
| Year 6 | $8.57 | +13.41% | 16.56% | $38.43 |
| Year 7 | $9.72 | +13.41% | 18.78% | $48.16 |
| Year 8 | $11.03 | +13.41% | 21.30% | $59.19 |
| Year 9 | $12.51 | +13.41% | 24.15% | $71.69 |
| Year 10 | $14.18 | +13.41% | 27.39% | $85.88 |
| Year 11 | $16.09 | +13.41% | 31.07% | $101.97 |
| Year 12 | $18.24 | +13.41% | 35.23% | $120.21 |
| Year 13 | $20.69 | +13.41% | 39.96% | $140.90 |
| Year 14 | $23.47 | +13.41% | 45.32% | $164.37 |
| Year 15 | $26.61 | +13.41% | 51.39% | $190.98 |
Yield on Cost (YOC) Formula
Formula: Yield on Cost = Annual Dividend / Original Purchase Price × 100
Inputs shown in the projection:
- Original purchase price.
- Annual dividend per share at the starting point.
- Assumed annual dividend growth rate.
- Projected annual dividend divided by original purchase price.
Note: Forward projections assume dividends continue to grow at the designated growth rate. Actual dividend payments are declared by corporate boards and are subject to change.
Main Street Capital Corporation Yield on Cost (YOC) Formula & Definition
Yield on Cost shows the dividend yield based on your original purchase price. As dividends grow, your YOC increases even if the market yield stays the same.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Main Street Capital Corporation Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for Main Street Capital Corporation (MAIN)?
- The yield on cost (YOC) for MAIN stock is 7.78%.
About Main Street Capital Corporation
Main Street Capital Corporation functions as a Business Development Company (BDC), providing diverse capital solutions across different market segments. Primarily, the firm supplies equity capital to lower middle market companies. These investments support various strategic objectives, including recapitalizations, management buyouts, refinancing, family estate planning, industry consolidation, and growth initiatives for both mature and later-stage emerging businesses. Main Street actively seeks to forge partnerships with entrepreneurs, business owners, and management teams, frequently offering comprehensive, "one-stop" financing alternatives for its lower middle market portfolio. Companies targeted for equity investment in this segment typically have annual revenues between $5 million and $300 million, with individual equity investments generally ranging from $2 million to $75 million, and an enterprise value for the target company usually falling between $3 million and $20 million. The firm is prepared to take stakes from a 5% minority position up to a 50% majority interest. In addition to its equity offerings, Main Street also extends debt capital to middle market companies. These funds are allocated to finance activities such as acquisitions, management buyouts, growth strategies, recapitalizations, and refinancing. Debt transactions in the middle market typically range from $5 million to $50 million per deal, targeting businesses with annual EBITDA between $1 million and $20 million. It is important to note that these middle market debt recipients are generally larger in scale than the companies within Main Street's lower middle market equity portfolio. The firm demonstrates a wide investment scope, engaging with numerous industries. These include, but are not limited to: air freight and logistics, auto components, building products, chemicals, commercial services, computing, construction and engineering, consumer finance and services, electronic equipment, energy (equipment, services, and consumables), financial services, healthcare (equipment and providers), hospitality, internet software and services, IT services, machinery, paper and forest products, professional and industrial services, road and rail transportation, software, specialty retail, and telecommunications. Broadly, this covers sectors within consumer discretionary, energy, materials, technology, and transportation. Main Street Capital Corporation was established in 2007, with its main operations based in Houston, Texas, and an additional office located in Chojnów, Poland.
- Sector
- Financial Services
- Industry
- Asset Management
- CEO
- Dwayne Louis Hyzak