Capital Southwest Stock Price, News & Analysis

Capital Southwest Corporation (CSWC) reported a pre-tax net investment income of $0.50 per share for the quarter ending June 30, 2022, totaling $12.6 million. The company announced a quarterly dividend increase to $0.50 per share for the September quarter, reflecting strong portfolio performance and a 105% coverage of the regular dividend. CSWC's total investment portfolio reached $1.0 billion with a $865.4 million credit portfolio yielding a 9.3% average. However, net realized and unrealized losses on investments totaled $9.9 million, contributing to a decrease in net asset value per share to $16.54.

Capital Southwest Corporation (Nasdaq: CSWC) will announce its first quarter 2023 financial results on August 1, 2022, following the market's closure. A live webcast for investors is scheduled for August 2, 2022, at 11:00 a.m. ET. The company, based in Dallas, Texas, manages approximately $937 million in investments at fair value as of March 31, 2022. Capital Southwest focuses on providing flexible financing solutions for middle market businesses. The press release also highlights that the company is positioned to adapt to varying economic conditions.

Capital Southwest Corporation (CSWC) reported a pre-tax net investment income of $0.50 per share for the quarter ending March 31, 2022. The total investment portfolio rose to $936.6 million, marking a 36.1% increase year-over-year. The company declared total dividends of $2.52 per share for the fiscal year, with a regular dividend of $1.82 and supplemental dividends of $0.70. The net asset value (NAV) per share increased by 4.1% to $16.86.

On May 11, 2022, Capital Southwest Corporation (Nasdaq: CSWC) announced an amendment to its senior secured credit facility, increasing total commitments from $335 million to $380 million. This adjustment involved a $45 million increase, facilitated by the existing lender group of ten participants. The benchmark interest rate has shifted from LIBOR to Term SOFR. As of December 31, 2021, Capital Southwest reported approximately $877 million in investments at fair value, focusing on financing middle market businesses with flexible solutions.

Capital Southwest Corporation (Nasdaq: CSWC) announced a quarterly regular dividend of $0.48 per share and a special dividend of $0.15 for the quarter ending June 30, 2022. The ex-dividend date is set for June 14, 2022, with a record date of June 15, 2022, and payments due on June 30, 2022. The company aims to provide flexible financing to middle market businesses, boasting approximately $877 million in investments at fair value as of December 31, 2021. The dividend reinvestment plan allows registered stockholders to reinvest dividends into additional shares.

Capital Southwest Corporation (CSWC), a business development company, will release its fourth quarter and fiscal year 2022 results on May 23, 2022. A conference call is scheduled for May 24, 2022, at 11:00 a.m. Eastern Time, where investors can join via phone or live webcast. The company focuses on providing financing solutions to middle-market businesses, with approximately $877 million in investments as of December 31, 2021. The press release includes forward-looking statements and highlights potential risks, including the ongoing impacts of the COVID-19 pandemic.

Capital Southwest Corporation (Nasdaq: CSWC) announced the tax treatment of its 2021 dividends, totaling $2.56 per share, all classified as ordinary income. The dividends were paid out to shareholders in accordance with tax regulations, with approximately 87.40% qualifying as interest-related and short-term capital gains, exempting non-U.S. shareholders from U.S. withholding tax. This information is critical for tax planning for both U.S. and non-U.S. investors, and detailed records of the dividends are available on the company’s website.

Capital Southwest Corporation (CSWC) announced its third fiscal quarter results for 2022, reporting a pre-tax net investment income of $11.8 million, or $0.51 per share. The total investment portfolio reached $876.8 million, with a 91% allocation in 1st lien senior secured debt. The average yield on debt investments was 9.5%. The Company declared dividends of $0.97 per share for the quarter, and its net asset value per share stood at $16.19. Record deal activity included approximately $268.3 million in new commitments, resulting in $7.4 million in realized gains.

Capital Southwest Corporation (Nasdaq: CSWC) will release its third quarter 2022 results on January 31, 2022, after market close. A conference call is scheduled for February 1, 2022, at 11:00 a.m. Eastern Time, allowing investors to participate via phone or webcast. As of September 30, 2021, Capital Southwest has approximately $818 million in investments at fair value and focuses on financing middle market businesses with $5 million to $25 million investments. Investors are encouraged to prepare for the call and review forward-looking statements related to market risks and uncertainties.