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Capital Southwest Corp. - CSWC STOCK NEWS

Welcome to our dedicated news page for Capital Southwest (Ticker: CSWC), a resource for investors and traders seeking the latest updates and insights on Capital Southwest.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Capital Southwest's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Capital Southwest's position in the market.

Rhea-AI Summary
Moody’s affirms Baa3 long-term issuer rating with a stable outlook for Capital Southwest (CSWC), highlighting strong capitalization and diverse funding profile.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
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none
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Rhea-AI Summary
Fitch affirms Capital Southwest 's BBB- long-term issuer rating with a stable outlook. The rating is supported by factors like first lien senior focus, improving portfolio diversification, strong asset coverage, consistent performance, and funding flexibility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
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none
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Rhea-AI Summary
Capital Southwest announced its subsidiary, Capital Southwest SPV , entered a $150 million senior secured revolving credit facility with Deutsche Bank AG, New York Branch, expandable to $400 million. The facility bears interest at three-month Term SOFR plus 2.50% until March 20, 2027, with maturity on March 20, 2029.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.87%
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none
Rhea-AI Summary
Capital Southwest Corporation announced the U.S. federal income tax treatment of its 2023 dividends, totaling $2.42 per share, with 100.00% of those dividends comprised of ordinary income, including net short-term capital gains. Approximately 94.17% of the dividends relate to interest and short-term capital gains. Non-U.S. Shareholders in a RIC are exempt from U.S. withholding tax on both 'interest-related' dividends and short-term capital gains in accordance with Sections 871(k) and 881(e) of the Code.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.02%
Tags
dividends
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Rhea-AI Summary
Capital Southwest Corporation reported pre-tax net investment income of $0.72 per share for the quarter ended December 31, 2023. The company's total investment portfolio was $1.4 billion, with a credit portfolio of $1.2 billion and an equity portfolio of $129.1 million. The company also declared a regular dividend of $0.57 per share and a supplemental dividend of $0.06 per share for the quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.46%
Tags
dividends earnings
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Rhea-AI Summary
Capital Southwest Corporation (CSWC) will release its third-quarter 2024 results on January 29, 2024, after the market closes. A live webcast is scheduled for January 30, 2024, at 11:00 a.m. Eastern time, where investors can participate and ask questions. The webcast will be available for replay on the company's website. Participants can register for the live call to receive dial-in numbers and a unique PIN number.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
Rhea-AI Summary
Capital Southwest Corporation (Nasdaq: CSWC) announced an increase in total commitments under its senior secured credit facility by $25 million, bringing the total commitments from $435 million to $460 million. The increase was provided by one new lender, bringing the total bank syndicate to 10 participants. The existing Credit Facility accordion feature allows for maximum commitments of up to $750 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.56%
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none
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Rhea-AI Summary
Capital Southwest Corporation (CSWC) reported pre-tax net investment income of $0.67 per share for the quarter ended September 30, 2023. The total investment portfolio was $1.4 billion, with a credit portfolio of $1.2 billion and an equity portfolio of $121.1 million. The company paid dividends of $0.62 per share for the quarter and declared a regular quarterly dividend of $0.57 per share for the December 31, 2023 quarter. They also received shareholder approval to increase the number of authorized shares from 40,000,000 to 75,000,000.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.61%
Tags
dividends earnings
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Rhea-AI Summary
Capital Southwest Corporation to release Q2 2024 results and hold live webcast
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
Rhea-AI Summary
Capital Southwest Corporation announces a Special Meeting of Shareholders to be held on October 11, 2023. The meeting will discuss a proposed amendment to increase the number of authorized shares of common stock from 40,000,000 to 75,000,000 shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.69%
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none
Capital Southwest Corp.

Nasdaq:CSWC

CSWC Rankings

CSWC Stock Data

1.05B
41.06M
4.47%
25.25%
1.5%
Other Financial Vehicles
Finance and Insurance
Link
US
Dallas

About CSWC

capital southwest (nasdaq: cswc), is an internally-managed, credit-focused bdc that is an active lender to middle market companies across the capital structure. cswc provides flexible capital that fills financing needs that traditional first lien senior lenders are unwilling to meet. in particular, cswc is well-positioned to finance lower middle market businesses with $3 to $12 million of ebitda. the company is managed by an investment team with decades of experience working with one another. the firm and all of its employees are located in dallas, texas. investment criteria: - $5 to $50 million financings with active network of co-investors - $5 to $20 million commitment size per deal - minimum ebitda of $3 million - a management team with a proven track record, motivated by continued ownership; - an established market position and history of positive cash flow - us-based investment structures: - unitranche debt (network of first out senior lending relationships) - first lien debt - s