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Capital Southwest Corporation (CSWC)

Financial Services | Asset Management | Dallas, United States | NasdaqGS
23.65 USD -0.19 (-0.797%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 23.84 +0.19 (0.803%) ⇧ (July 13, 2026, 7:50 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★★☆☆Dividends:★⯪☆☆☆
Hot Take | July 11, 2026, 3:51 a.m. EDT

The most critical signal here is the unsustainable dividend structure. With a payout ratio exceeding 140%, the company is distributing significantly more cash than it earns, effectively burning capital to maintain a 10.8% yield. This is a classic 'yield trap' where the high return is an illusion funded by balance sheet erosion rather than organic profitability. While the business itself shows resilience with strong operating margins and a recent jump in quarterly earnings, the multi-year price trajectory reveals a disconnect: the market has punished the stock with a 14% drop in the trailing year, and the options market is screaming 'sell' with heavy put positioning. The short-term outlook remains neutral to slightly bearish due to this fundamental flaw, while the long-term rating is capped at a 3 because the aggressive dividend policy creates significant uncertainty about the company's ability to sustain this income stream without impairing its core operations.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_70 ✓0.013112
AutoTheta0.014127
AutoETS0.014313
AutoARIMA0.014314
MSTL0.015596
MSTL_70_1050.036386
MSTL_1050.046195

Forecast horizon: 60 days | Selected: MSTL_70

Forecast Reliability
Score 55%
H-stat 0.72
Ljung-Box p 0.000
Jarque-Bera p 0.637
Excess Kurtosis -0.45
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-07-14
Last Dividend Date 2026-06-14
Debt to Equity Ratio 119.309
Revenue per Share 4.106
Market Cap 1,469,628,160
Trailing P/E 12.45
Forward P/E 10.66
Beta 0.74
Profit Margins 48.68%
Website https://www.capitalsouthwest.com

As of July 11, 2026, 3:51 a.m. EDT: Speculators are overwhelmingly positioning for downside protection, evidenced by massive put volume and open interest concentrated in the $20 strike across all expirations. Call activity is negligible and heavily skewed toward out-of-the-money strikes, indicating a lack of bullish conviction despite the stock trading near its 52-week highs relative to recent lows.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.09% 11.42% 11.20% 11.48%
Dividend History
Date Dividend Yield %
2026-06-15 0.253000 1.094291
2026-05-15 0.193000 0.818838
2026-04-15 0.193000 0.804502
2026-03-13 0.253000 1.181139
2026-02-13 0.193000 0.846120
2026-01-15 0.193000 0.813659
2025-12-15 0.253000 1.149477
2025-11-14 0.193000 0.927885
2025-10-15 0.193000 0.948403
2025-09-15 0.253000 1.131485
2025-08-15 0.193000 0.859305
2025-07-15 0.193000 0.845379
2025-06-13 0.640000 3.099274
2025-03-14 0.640000 2.950668
2024-12-13 0.630000 2.899218
2024-09-13 0.640000 2.569249
2024-06-14 0.630000 2.487169
2024-03-14 0.630000 2.657107
2023-12-14 0.630000 2.694611
2023-09-14 0.620000 2.822030
2023-06-14 0.590000 3.084161
2023-03-14 0.580000 3.407755
2022-12-14 0.570000 3.246014
2022-09-14 0.500000 2.745744
2022-06-14 0.630000 3.358209
2022-03-14 0.480000 2.045164
2021-12-14 0.970000 3.876898
2021-09-14 0.540000 2.061069
2021-06-14 0.530000 1.988743
2021-03-12 0.520000 2.362562
2020-12-14 0.510000 3.061225
2020-09-14 0.510000 3.573931
2020-06-12 0.510000 3.556485
2020-03-13 0.510000 4.006285
2019-12-19 1.250000 5.896226
2019-09-13 0.500000 2.334267
2019-06-13 0.490000 2.267469
2019-03-14 0.480000 2.234637
2018-12-13 0.460000 2.274975
2018-09-14 0.440000 2.332980
2018-06-25 0.890000 4.847494
2018-03-14 0.280000 1.626016
2017-12-14 0.260000 1.554094
2017-09-14 0.240000 1.482396
2017-06-13 0.210000 1.309227
2017-03-13 0.450000 2.826633
2016-12-13 0.170000 1.094656
2016-09-13 0.110000 0.738255
2016-06-16 0.060000 0.433213
2016-03-11 0.040000 0.278940
2015-05-12 0.036711 0.203751
2014-11-12 0.036711 0.274878
2014-05-13 0.036711 0.285716
2013-11-13 0.036711 0.307979
2013-05-15 0.036711 0.297047
2013-03-13 0.252386 2.296449
2012-11-13 0.036711 0.391622
2012-05-22 1.614354 20.667374
2012-05-15 0.036711 0.357465
2011-11-10 0.036711 0.470039
2011-05-13 0.036711 0.426261
2010-11-10 0.036711 0.390171
2010-05-12 0.036711 0.426124
2009-11-12 0.036711 0.516200
2009-05-13 0.036711 0.576456
2008-12-17 0.198238 2.019259
2008-11-12 0.036711 0.450708
2008-09-22 0.027533 0.206185
2008-05-13 0.036711 0.331265
2007-11-13 0.036711 0.347798
2007-05-11 0.018355 0.119067
2006-11-13 0.036711 0.326267
2006-05-11 0.018355 0.212085
2005-11-10 0.036711 0.449998
2005-05-12 0.018355 0.253673
2004-11-10 0.036711 0.503846
2004-05-12 0.018355 0.263153
2003-11-12 0.036711 0.654348
2003-05-13 0.018355 0.316149
2002-11-13 0.036711 0.860222
2002-05-13 0.018355 0.278624
2001-11-13 0.036711 0.640005
2001-05-11 0.018355 0.333660
2000-11-14 0.036711 0.730599
2000-05-11 0.018355 0.349338
1999-11-10 0.036711 0.585014
1999-05-12 0.018355 0.243898
1998-11-18 0.036711 0.476194
1998-05-13 0.018355 0.194171
1997-11-18 0.036711 0.514473
1997-05-13 0.018355 0.283682
1996-11-13 0.036711 0.571433
1996-05-14 0.018355 0.338976
1995-11-13 0.036711 0.842112
1995-05-09 0.018355 0.519470
1994-11-10 0.036711 1.111119
1994-05-10 0.018355 0.509544
1993-11-08 0.036711 1.052640
1993-05-10 0.018355 0.555545
1992-11-10 0.036711 1.212131
1992-05-11 0.018355 0.792064
1991-11-08 0.036711 1.797766
1991-05-09 0.018355 0.930214
1990-11-08 0.027533 1.714283
1990-05-09 0.018355 0.909073
1989-11-10 0.113803 5.391294
1989-05-04 0.018355 1.052611
1988-11-04 0.018355 1.073804
1988-05-03 0.009178 0.547964
1987-05-04 0.009178 0.588256
Additional Data
dividendRate 2.56
dividendYield 10.74
exDividendDate 2026-07-15
trailingAnnualDividendRate 2.321
trailingAnnualDividendYield 0.097357385
lastDividendValue 0.253
lastDividendDate 2026-06-15
dividendDate 2026-09-30

Info Dump

Attribute Value
52 Week Change 0.028916717
Address1 8,333 Douglas Avenue
Address2 Suite 1100
All Time High 28.41
All Time Low 0.344163
Ask 30.45
Ask Size 2
Average Daily Volume10 Day 649,260
Average Daily Volume3 Month 679,162
Average Volume 679,162
Average Volume10Days 649,260
Beta 0.739
Bid 17.14
Bid Size 2
Book Value 16.689
City Dallas
Compensation As Of Epoch Date 1,798,675,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 23.65
Current Ratio 47.848
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 24.0
Day Low 23.53
Debt To Equity 119.309
Display Name Capital Southwest
Dividend Date 1,790,726,400
Dividend Rate 2.56
Dividend Yield 10.74
Earnings Call Timestamp End 1,778,770,800
Earnings Call Timestamp Start 1,778,770,800
Earnings Growth 0.287
Earnings Quarterly Growth 0.322
Earnings Timestamp 1,778,702,400
Earnings Timestamp End 1,785,960,000
Earnings Timestamp Start 1,785,960,000
Ebitda 210,176,992
Ebitda Margins 0.90553004
Enterprise To Ebitda 8.498
Enterprise To Revenue 7.695
Enterprise Value 1,786,153,216
Eps Current Year 2.176
Eps Forward 2.218
Eps Trailing Twelve Months 1.9
Esg Populated 0
Ex Dividend Date 1,784,073,600
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 214 238 5701
Fifty Day Average 23.4844
Fifty Day Average Change 0.16559982
Fifty Day Average Change Percent 0.007051482
Fifty Two Week Change Percent 2.8916717
Fifty Two Week High 24.43
Fifty Two Week High Change -0.7800007
Fifty Two Week High Change Percent -0.031927984
Fifty Two Week Low 19.37
Fifty Two Week Low Change 4.279999
Fifty Two Week Low Change Percent 0.22096017
Fifty Two Week Range 19.37 - 24.43
Financial Currency USD
First Trade Date Milliseconds 322,151,400,000
Five Year Avg Dividend Yield 10.25
Float Shares 60,187,643
Forward Eps 2.218
Forward P E 10.66276
Free Cashflow 98,014,496
Full Exchange Name NasdaqGS
Full Time Employees 36
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 232,104,992
Has Pre Post Market Data 1
Held Percent Insiders 0.02834
Held Percent Institutions 0.27969998
Implied Shares Outstanding 62,140,726
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,781,481,600
Last Dividend Value 0.253
Last Fiscal Year End 1,774,915,200
Last Split Date 1,443,657,600
Last Split Factor 2,724:1000
Long Business Summary Capital Southwest Corporation is a business development company. The firm specializes in credit and private equity and venture capital investments in lower middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, industry consolidation, recapitalizations and growth capital investments. The firm does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing. In lower middle market, the firm typically invests in growth financing, bolt-on acquisitions, new platform acquisitions, refinancing, dividend recapitalizations, sponsor-led buyouts, and management buyout situations. The investment structures are unitranche debt, subordinated debt, senior debt, first and second lien debt, and preferred and common equity. The firm makes equity co-investments alongside debt investments, up to 20 percent of total check and only makes non-control investments. The firm is industry agnostic, but it prefers to invest in industrial manufacturing and services, value-added distribution, healthcare products and services, business services, specialty chemicals, food and beverage, tech-enabled services and SaaS models. The firm seeks to invest in energy services and products, industrial technologies, and specialty chemicals and products. Within energy services and products, the firm seeks to invest in each segment of the industry, including upstream, midstream and downstream, excluding exploration and production, with a focus on differentiated products and services, equipment and tool rental, consumable products, and drilling and completion chemicals. Within industrial technologies, it seeks to invest in automation and process controls, handling and packaging equipment, industrial filtration and fluid handling, measurement, monitoring and testing, professional tools, and sensors and instrumentation. Within specialty chemicals and products, the firm seeks to invest in businesses that develop and manufacture highly differentiated chemicals and products including adhesives, coatings and sealants, catalysts and absorbents, cosmeceuticals, fine chemicals, flavors and fragrances, performance lubricants, polymers, plastics and composites, chemical dispensing and filtration equipment, professional and industrial trade consumables and tools, engineered solutions for HVAC, plumbing, and electrical installations, specified high performance materials for fire protection and oilfield applications. It may also invest in exceptional opportunities in building products. The firm seeks to invest in the United States and North America. The firm seeks to make investments ranging from $5 million to $25 million in securities. Its typical financing size is between $5 million and $75 million, target hold size is between $5 million and $45 million, and the firm is willing to backstop up to $55 million with an active network of co-investors. It seeks to invest in firms with minimum EBITDA between $3 million and $25 million. In addition to making direct investments, the firm allocates capital to syndicated first and second lien term loans in the upper middle market. It prefers to take a majority or minority stake. The firm has the flexibility to hold investments for very long periods in its portfolio companies. It may also invest through warrants. The firm prefers to take board participation in its portfolio companies. Capital Southwest Corporation was founded on April 19, 1961 and is based in Dallas, Texas.
Long Name Capital Southwest Corporation
Market us_market
Market Cap 1,469,628,160
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_19477
Most Recent Quarter 1,593,475,200
Net Income To Common 111,779,000
Next Fiscal Year End 1,806,451,200
Non Diluted Market Cap 1,481,434,907
Number Of Analyst Opinions 5
Open 23.87
Operating Cashflow -193,504,000
Operating Margins 0.75818
Payout Ratio 1.4495
Peg Ratio 12.54
Phone 214 238 5700
Post Market Change 0.19000053
Post Market Change Percent 0.80338496
Post Market Price 23.84
Post Market Time 1,783,986,611
Previous Close 23.84
Price Eps Current Year 10.868566
Price Hint 2
Price To Book 1.4171011
Price To Sales Trailing12 Months 6.3317385
Profit Margins 0.48683
Quick Ratio 47.098
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.190001
Regular Market Change Percent -0.796982
Regular Market Day High 24.0
Regular Market Day Low 23.53
Regular Market Day Range 23.53 - 24.0
Regular Market Open 23.87
Regular Market Previous Close 23.84
Regular Market Price 23.65
Regular Market Time 1,783,972,801
Regular Market Volume 636,467
Return On Assets 0.06256
Return On Equity 0.11928
Revenue Growth -0.04
Revenue Per Share 4.106
Sand P52 Week Change 0.20847368
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 62,140,726
Shares Percent Shares Out 0.0791
Shares Short 4,912,345
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 4,195,842
Short Name Capital Southwest Corporation
Short Percent Of Float 0.0813
Short Ratio 7.03
Source Interval 15
State TX
Symbol CSWC
Target High Price 29.0
Target Low Price 21.0
Target Mean Price 24.9
Target Median Price 25.0
Total Cash 14,986,000
Total Cash Per Share 0.241
Total Debt 331,511,008
Total Revenue 232,104,992
Tradeable 0
Trailing Annual Dividend Rate 2.321
Trailing Annual Dividend Yield 0.097357385
Trailing Eps 1.9
Trailing P E 12.447369
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 22.41035
Two Hundred Day Average Change 1.2396488
Two Hundred Day Average Change Percent 0.055315904
Type Disp Equity
Volume 636,467
Website https://www.capitalsouthwest.com
Zip 75,225