CSWC Stock Recent News
CSWC LATEST HEADLINES
Capital Southwest (CSWC) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.70 per share a year ago.
CSWC Reports Pre-Tax Net Investment Income of $0.64 Per Share for Quarter Ended December 31, 2024 CSWC Reports Pre-Tax Net Investment Income of $0.64 Per Share for Quarter Ended December 31, 2024
DALLAS, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest” or the “Company”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced today the U.S. federal income tax treatment of its 2024 dividends.
The past couple of months, which include the steepening of the yield curve, have been positive for BDCs. However, higher long-term rates and a steeper yield curve create a net negative effect for BDC fundamentals. In this article, I explain the recent divergence between BDC prices and the worsening interest rate environment.
Past Time To Take Gains On These Big Yielders
Capital Southwest offers a compelling opportunity for income-focused investors, especially within tax-advantaged accounts, due to its high dividend yield and efficient cost structure. CSWC's portfolio is primarily composed of first-lien senior secured loans, providing a strong equity buffer and diversification across various sectors. Despite an elevated non-accrual rate, restructuring efforts and strong performance of the remaining portfolio highlight CSWC's resilience and potential for high income returns.
The BDC sector had a lackluster H2 of 2024 after being on a strong run from 2022 to mid 2024. However, recently there has been some great news for BDCs to start 2025. We share our approach to BDCs right now.
High Yield REITs Whacked By Higher Rates
DALLAS, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, is pleased to announce its preliminary operating results for the third quarter of its 2025 fiscal year (quarter ended December 31, 2024) and its third quarter 2025 earnings release and conference call schedule.
In December, I invested around $1,200 primarily in Business Development Companies, boosting my annual dividend income by $131 with a full-year total of almost $1,700.