Capital Southwest Stock Price, News & Analysis

Capital Southwest Corporation (CSWC) announced a regular dividend of $0.54 per share and a supplemental dividend of $0.05 per share for the quarter ending June 30, 2023. The ex-dividend date is set for June 14, 2023, with a record date of June 15, 2023 and payment scheduled for June 30, 2023. These dividends reflect the company's ongoing commitment to delivering shareholder value. Capital Southwest focuses on providing flexible financing solutions to support middle market businesses, with approximately $1.2 billion in investments as of December 31, 2022. The company also offers a dividend reinvestment plan (DRIP) for shareholders to automatically reinvest dividends into additional shares.

Capital Southwest Corporation (CSWC) will announce its fourth quarter and fiscal year 2023 results on May 22, 2023, after market close. A conference call is scheduled for May 23, 2023, at 11:00 a.m. Eastern Time. This event will be accessible via a live webcast and phone call for investors. The company, based in Dallas, Texas, manages approximately $1.2 billion in investments as of December 31, 2022. Capital Southwest focuses on middle-market lending with investment sizes between $5 million and $35 million, utilizing various financing structures. Shareholders are encouraged to participate in the call for insights into the company’s performance and strategy.

Capital Southwest Corporation (Nasdaq: CSWC) has released preliminary operating results for the fourth quarter of its 2023 fiscal year, ending March 31, 2023. The company estimates a pre-tax net investment income between $0.64 and $0.65 per share, with net investment income slightly lower, estimated at $0.63 to $0.64 per share. The preliminary net asset value per share is estimated to be between $16.30 and $16.40. Additionally, regulatory leverage is estimated to be in the range of 0.86x to 0.90x debt-to-equity. As an internally managed business development company, Capital Southwest focuses on providing flexible financing solutions for middle-market businesses.

Capital Southwest Corporation (Nasdaq: CSWC) announced that Moody’s Investors Service has assigned it a Baa3 long-term issuer rating with a stable outlook. This rating reflects the company's robust capitalization, strong recurring earnings, and a first-lien focused investment portfolio. Moody’s expects the company will maintain sufficient liquidity and adhere to its regulatory leverage targets. CEO Bowen Diehl expressed pride in this validation of their investment strategy and credit management.

As of December 31, 2022, Capital Southwest maintained approximately $1.2 billion in investments at fair value, indicating its strong position in the middle market financing sector.

Capital Southwest Corporation (CSWC), a business development company, announced the federal income tax treatment of its 2022 dividends, totaling $2.18 per share, entirely comprised of ordinary income. This includes net short-term capital gains. The dividends, with a record date of March 15, 2022, and a payment date of March 31, 2022, show that 89.74% are interest-related and short-term capital gains, exempting non-U.S. residents from U.S. withholding tax. The tax characteristics of the dividends can be found on their website for further transparency.