Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 6.43%.
YIELD ON COST (YOC)
6.43%
MAIN now pays $3.71 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-09-06) | $34.57 | 10.73% |
| 5 years ago(2021-08-31) | $41.59 | 8.92% |
| 3 years ago(2023-09-05) | $40.31 | 9.20% |
| 1 year ago(2025-09-03) | $65.64 | 5.65% |
| Buying today(at $56.66) | $56.66 | 6.43% |
Projection: starting from today's 6.43% yield, assuming the dividend keeps compounding at 9.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
6.43%
In 3 years
8.32%
In 5 years
9.88%
In 10 years
15.18%
Try your own purchase price, dividend and growth rate for Main Street Capital Corporation (MAIN).
Starting Yield
6.55%
Ending YOC
21.03%
Year 15 Dividend
$11.92
Cum. Dividends Recd.
$109.65
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $3.71 | N/A | 6.55% | $0.00 |
| Year 1 | $4.01 | +8.09% | 7.08% | $4.01 |
| Year 2 | $4.33 | +8.09% | 7.65% | $8.34 |
| Year 3 | $4.69 | +8.09% | 8.27% | $13.03 |
| Year 4 | $5.06 | +8.09% | 8.94% | $18.09 |
| Year 5 | $5.47 | +8.09% | 9.66% | $23.57 |
| Year 6 | $5.92 | +8.09% | 10.44% | $29.48 |
| Year 7 | $6.40 | +8.09% | 11.29% | $35.88 |
| Year 8 | $6.91 | +8.09% | 12.20% | $42.79 |
| Year 9 | $7.47 | +8.09% | 13.19% | $50.27 |
| Year 10 | $8.08 | +8.09% | 14.25% | $58.34 |
| Year 11 | $8.73 | +8.09% | 15.41% | $67.07 |
| Year 12 | $9.44 | +8.09% | 16.65% | $76.51 |
| Year 13 | $10.20 | +8.09% | 18.00% | $86.71 |
| Year 14 | $11.02 | +8.09% | 19.46% | $97.73 |
| Year 15 | $11.92 | +8.09% | 21.03% | $109.65 |
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
