Main Street Capital Raises Monthly Dividend 4% to $0.26, Declares $0.30 Special
Main Street Capital Corporation (NYSE: MAIN), a business development company focused on lower middle market lending, declared monthly dividends of $0.26 per share for April through June 2026, a 4% increase from the prior year period. The company also announced a $0.30 supplemental dividend payable in March.
Main Street Capital Corporation (NYSE: MAIN), a business development company focused on lower middle market lending, declared monthly dividends of $0.26 per share for April through June 2026, a 4% increase from the prior year period. The company also announced a $0.30 supplemental dividend payable in March. Read more dividend announcements.
The regular monthly dividends total $0.78 for the second quarter of 2026, up from $0.75 in the second quarter of 2025. All three monthly payments share the same ex-dividend date of February 23, 2026, with staggered record and payment dates through June 15.
The supplemental dividend of $0.30 per share will be paid from undistributed taxable income accumulated as of December 31, 2025. It carries an ex-dividend date of March 20 and a payment date of March 27, 2026.
Dividend Payment Schedule
| Period | Amount Per Share | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| April 2026 | $0.26 | February 23, 2026 | April 8, 2026 | April 15, 2026 |
| May 2026 | $0.26 | February 23, 2026 | May 8, 2026 | May 15, 2026 |
| June 2026 | $0.26 | February 23, 2026 | June 8, 2026 | June 15, 2026 |
| March Supplemental | $0.30 | March 20, 2026 | March 20, 2026 | March 27, 2026 |
Combined, the regular and supplemental dividends total $1.08 per share, representing an annualized yield of 7.6% based on the February 23 closing price of $56.78. Main Street has never reduced its regular monthly dividend since its October 2007 initial public offering.
Since going public at $15.00 per share in 2007, the company has paid cumulative cash dividends of $49.015 per share, including all distributions declared through the second quarter of 2026.
About the Company
Main Street Capital provides long-term debt and equity capital to lower middle market companies, typically supporting management buyouts, recapitalizations, and growth financings. The firm's portfolio companies generally generate annual revenues between $10 million and $150 million. It also provides debt capital to companies owned by or being acquired by private equity funds.