JPM vs MAIN: Dividend Yield, Growth & Safety Comparison
Jpmorgan Chase & Co (JPM) and Main Street Capital Corporation (MAIN) are both in the Financials sector, making them natural rivals for dividend investors. MAIN offers a significantly higher 4.83% yield compared to JPM's 1.82%, a gap of 3.01%. For dividend growth, JPM leads with a 5-year CAGR of 18.6% versus MAIN's 7.7%. JPM holds the edge in dividend safety with a "Safe" rating.
Key Metrics Comparison
| Metric | JPM | MAIN |
|---|
| Dividend Yield | 1.82% | 4.83% |
| Annual Dividend | $5.80 | $3.00 |
| 5-Year CAGR | 18.6% | 7.7% |
| Payout Ratio | 29% | 70% |
| Consecutive Years | 0 | 0 |
| Price | $301.96 | $59.60 |
Yield Comparison
Main Street Capital Corporation (MAIN) currently yields 4.83%, which is attractive for the broader market. That's 3.01% more than Jpmorgan Chase & Co (JPM), which yields 1.82%. In dollar terms, MAIN pays $3.00/share annually versus JPM's $5.80/share.
Dividend Growth
Over the past five years, JPM has grown its dividend at a 18.6% CAGR compared to MAIN's 7.7%. JPM: Dividend growth is accelerating — the 3-year CAGR of 34.9% exceeds the 5-year rate of 18.6% and the 10-year rate of 16.5%. MAIN: Dividend growth is accelerating — the 3-year CAGR of 14.2% exceeds the 5-year rate of 7.7% and the 10-year rate of 5.8%.
Dividend Safety
JPM's dividend safety is rated "Safe." The payout ratio of 29% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 3.5x. MAIN's dividend safety is rated "Moderate." The payout ratio of 70% is moderate. The dividend is currently covered by earnings but leaves less room for growth. Earnings cover the dividend 2.0x. JPM's payout ratio of 29% is more conservative than MAIN's 70%, suggesting more room for future increases.
Income Comparison
A $10,000 investment in MAIN generates approximately $483/year in dividend income, compared to $182/year from JPM — a difference of $301/year. At $100,000, that gap widens to $3010/year.
Verdict
- Best for income: MAIN
- Best for growth: JPM
- Best for safety: JPM
Frequently Asked Questions
Which has a higher dividend yield, JPM or MAIN?
Main Street Capital Corporation (MAIN) has a higher dividend yield of 4.83% compared to Jpmorgan Chase & Co (JPM) at 1.82%.
Is JPM or MAIN a better dividend growth stock?
Jpmorgan Chase & Co has the stronger dividend growth with a 5-year CAGR of 18.6%, compared to Main Street Capital Corporation's 7.7%.
Which is safer for dividend income, JPM or MAIN?
Jpmorgan Chase & Co's dividend safety is rated "Safe" while Main Street Capital Corporation is rated "Moderate." The payout ratio of 29% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 3.5x. The payout ratio of 70% is moderate. The dividend is currently covered by earnings but leaves less room for growth. Earnings cover the dividend 2.0x.
How much income does $10,000 in JPM vs MAIN generate?
A $10,000 investment in JPM generates approximately $182/year in dividends, while the same amount in MAIN generates about $483/year.
Which has a lower payout ratio, JPM or MAIN?
Jpmorgan Chase & Co has a lower payout ratio of 29% compared to Main Street Capital Corporation's 70%. A lower payout ratio generally indicates more room for dividend growth and better sustainability.
JPM vs MAIN: which is better for retirement income?
It depends on your priorities. MAIN for current income, JPM for dividend growth, JPM for safety. Many retirement investors hold both for diversification.
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