Capital Southwest Corporation (NASDAQ:CSWC – Get Free Report) declared a monthly dividend on Wednesday, May 27th. Shareholders of record on Friday, August 14th will be given a dividend of 0.1934 per share by the asset manager on Monday, August 31st. This represents a c) annualized dividend and a yield of 9.3%. The ex-dividend date is Friday, August 14th.

Capital Southwest has raised its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 2 years. Capital Southwest has a payout ratio of 99.1% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Equities research analysts expect Capital Southwest to earn $2.37 per share next year, which means the company should continue to be able to cover its $2.32 annual dividend with an expected future payout ratio of 97.9%.

Capital Southwest stock opened at $25.05 on Wednesday. The company has a market cap of $1.60 billion, a P/E ratio of 13.84 and a beta of 0.69. Capital Southwest has a one year low of $19.37 and a one year high of $25.24. The business has a fifty day moving average of $23.70 and a two-hundred day moving average of $23.20. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.17 and a current ratio of 0.17.

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Capital Southwest (NASDAQ: CSWC) is a publicly traded investment firm structured as a business development company (BDC) that provides customized financing solutions to middle-market companies across the United States. The firm offers a spectrum of debt and equity capital, including senior secured loans, mezzanine debt, and both preferred and common equity investments. By partnering with corporate management teams, Capital Southwest seeks to support growth initiatives, recapitalizations, acquisitions, and ownership transitions.

Founded in 1961 and headquartered in Dallas, Texas, Capital Southwest has cultivated a track record of long-term partnerships with privately held businesses and select public companies.

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