MAIN vs HTGC: Dividend Yield, Total Return & Fees Compared

Main Street Capital CorporationHercules Capital, Inc.

Data as of the close · refreshed automatically every trading day

Performance: MAIN vs HTGC

Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.

MAINHTGC

Total Return (%) · dividends reinvested · Nov 7, 2025 – Nov 9, 2026

DividendDuel.com
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Higher yieldHTGC11.48% vs 7.60%
Better 1-year total returnMAIN+5.15% vs +1.98%
Better 5-year total returnMAIN+85.43% vs +60.63%
Expense ratio—MAIN n/a · HTGC n/a

MAIN vs HTGC at a glance

Main Street Capital Corporation (MAIN) and Hercules Capital, Inc. (HTGC) are compared below using data through the November 9, 2026 close, refreshed after every trading day.

Over the past year, MAIN returned +5.15% with dividends reinvested, compared with +1.98% for HTGC. HTGC currently yields 11.48% (trailing 12-month) against 7.60% for MAIN. Across five years the total-return gap is +85.43% for MAIN vs +60.63% for HTGC.

The higher-yielding fund (HTGC) has trailed on 1-year total return. Yield only measures the income a fund pays; total return also counts the change in share price, so it is the fuller basis for comparing the two.

Key figures for MAIN and HTGC
MetricMAINHTGC
Last close$57.13$16.37
Dividend yield7.60% (TTM)11.48% (TTM)
Expense ratio——
Paysmonthlyquarterly
Dividends, last 12 months$4.34 (16 payments)$1.88 (4 payments)
Issuer——
Inception——

Overview

Key fund stats as of the latest close.

ETFTTM yield1Y total returnLast closeLast dividendPaysIssuer
MAINMain Street Capital Corporation
7.60%
Best+5.15%$57.13$0.265Monthly—
HTGCHercules Capital, Inc.
11.48%
+1.98%$16.37$0.47Quarterly—

Total returns

Price change plus dividends paid, by holding period. Best in each period is outlined.

ETF1M3M6M1Y2Y5Y
MAINMain Street Capital Corporation+6.80%-1.16%+10.11%+5.15%+27.85%+85.43%
HTGCHercules Capital, Inc.-0.85%-2.43%+7.38%+1.98%+2.88%+60.63%

Dividends

Latest payout, trailing 12-month total and the last 12 distributions.

ETFLatest payoutvs. priorTrailing 12MRecent payouts
MAINMain Street Capital Corporation$0.265Nov 6, 2026+0.00%$4.3416 payoutsMar 6, 2026: $0.26Mar 20, 2026: $0.30Apr 8, 2026: $0.26May 8, 2026: $0.26Jun 8, 2026: $0.26Jun 22, 2026: $0.30Jul 8, 2026: $0.265Aug 7, 2026: $0.265Sep 8, 2026: $0.265Sep 21, 2026: $0.30Oct 8, 2026: $0.265Nov 6, 2026: $0.265
HTGCHercules Capital, Inc.$0.47Aug 11, 2026+0.00%$1.884 payoutsNov 14, 2023: $0.48Feb 27, 2024: $0.48May 13, 2024: $0.48Aug 13, 2024: $0.48Nov 13, 2024: $0.48Feb 26, 2025: $0.47May 13, 2025: $0.47Aug 12, 2025: $0.47Nov 12, 2025: $0.47Feb 25, 2026: $0.47May 14, 2026: $0.47Aug 11, 2026: $0.47

Downside and distribution variability

Income and ending returns do not describe the whole investment experience.

Across 1,265 shared trading dates from October 26, 2021 to November 9, 2026, the largest observed peak-to-trough decline with dividends reinvested was -27.04% for MAIN and -36.10% for HTGC. These figures use the same available dates for both instruments, exclude intraday moves, and are not forecasts.

MAIN's recorded distributions over the 12 months ending November 9, 2026 ranged from $0.255 to $0.300 per share across 16 distribution dates. A payment range includes special distributions and does not establish the amount of a future payment.

HTGC's recorded distributions over the 12 months ending November 9, 2026 ranged from $0.470 to $0.470 per share across 4 distribution dates. A payment range includes special distributions and does not establish the amount of a future payment.

Fund expense ratios are annual operating costs, not a bill added to the historical returns shown here. Trading spreads, brokerage costs and personal taxes can reduce an investor's realized return.

Recent distributions

The latest 12 distributions per share, newest first. Dates are reported ex-dividend dates, not cash payment dates.

MAINHTGC
Nov 6, 2026$0.265Aug 11, 2026$0.470
Oct 8, 2026$0.265May 14, 2026$0.470
Sep 21, 2026$0.300Feb 25, 2026$0.470
Sep 8, 2026$0.265Nov 12, 2025$0.470
Aug 7, 2026$0.265Aug 12, 2025$0.470
Jul 8, 2026$0.265May 13, 2025$0.470
Jun 22, 2026$0.300Feb 26, 2025$0.470
Jun 8, 2026$0.260Nov 13, 2024$0.480
May 8, 2026$0.260Aug 13, 2024$0.480
Apr 8, 2026$0.260May 13, 2024$0.480
Mar 20, 2026$0.300Feb 27, 2024$0.480
Mar 6, 2026$0.260Nov 14, 2023$0.480

MAIN vs HTGC: common questions

Which pays a higher dividend, MAIN or HTGC?

As of November 9, 2026, MAIN yields 7.60% (trailing 12-month) and HTGC yields 11.48% (trailing 12-month), so HTGC currently pays the higher yield. A higher yield does not guarantee a higher total return.

Which has performed better, MAIN or HTGC?

Over the past year with dividends reinvested, MAIN returned +5.15% and HTGC returned +1.98%. Over five years, MAIN returned +85.43% and HTGC returned +60.63%. Past performance does not predict future results.

What would $10,000 in MAIN vs HTGC be worth after one year?

With dividends reinvested, $10,000 invested one year before November 9, 2026 would have grown to about $10,515 in MAIN and $10,198 in HTGC.

How often do MAIN and HTGC pay dividends?

MAIN pays monthly (16 payments in the last 12 months) and HTGC pays quarterly (4 payments).

Is MAIN or HTGC the better investment?

It depends on your goals, time horizon and tax situation. Income-focused investors often weigh yield and payment frequency, while long-term investors usually compare total return and fees. Dividend Duel is an educational tool and does not provide investment advice.

Research MAIN and HTGC beyond the yield

Identify whether each instrument is a company, a preferred-security fund or a BDC fund. Review credit exposure, leverage and expenses in its documents before interpreting the distribution rate.

Review Main Street Capital Corporation (MAIN) payment history and Hercules Capital, Inc. (HTGC) payment history before choosing assumptions for the dividend reinvestment calculator. Run each scenario separately; the calculator uses your rates rather than importing these historical returns.

For a cash target, use the income goal calculator. Read our guide to comparing dividend ETFs and data and editorial approach for context on the historical figures.

Related comparisons

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Published by Delta Dividends LLC. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.