The latest update is out from Capital Southwest ( (CSWC) ).
Capital Southwest Corporation announced its financial results for the third fiscal quarter ended December 31, 2024, reporting a pre-tax net investment income of $0.64 per share. The company declared an increase in total dividends to $0.64 per share for the quarter ending March 31, 2025, and successfully raised $230 million of unsecured convertible notes due 2029. Capital Southwest experienced significant investment activity, with $317.5 million in new commitments, while also receiving prepayments on two debt investments totaling $26.7 million. The company maintained its net asset value at $16.59 per share and received approval to apply for a second SBIC license, potentially providing access to an additional $175 million in debt capital.
More about Capital Southwest
Capital Southwest Corporation is an internally managed business development company that specializes in providing flexible financing solutions to support the acquisition and growth of middle market businesses.
YTD Price Performance: 1.63%
Average Trading Volume: 589,990
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.07B
For detailed information about CSWC stock, go to TipRanks’ Stock Analysis page.