CSWC

DALLAS, Sept. 02, 2026 (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, today announced an amendment to its senior secured credit facility (the “Corporate Credit Facility”). The amendment (a) increased commitments under the Corporate Credit Facility from $510 million to $595 million, (b) decreased the applicable margin from 2.15% to 2.00%, (c) removed the SOFR adjustment, (d) increased the uncommitted accordion feature that could increase the maximum commitments from $750 million to $1 billion, (e) reduced the unused commitment fees from a range of (i) 0.50%-1.00% to (ii) 0.50%-0.75% per annum, based on utilization, on the unused lender commitments, and (f) amended certain financial covenants. In addition, the end of the Corporate Credit Facility's revolving period was extended from August 2, 2027 to September 2, 2030, and the final maturity was extended from August 2, 2028 to September 2, 2031.

DALLAS, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Capital Southwest Corporation ("Capital Southwest" or the "Company") (Nasdaq: CSWC) today announced that, at its reconvened annual meeting of shareholders, shareholders voted to approve the Company's proposal to increase the number of authorized shares of common stock from 75.0 million to 135.0 million. The Company is grateful to its shareholders for their engagement and support throughout the process.

DALLAS, Aug. 27, 2026 (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, is pleased to announce that its Board of Directors has declared a quarterly regular dividend of $0.58 per share, of which $0.1934 per share will be paid monthly for each of October, November, and December 2026, and a quarterly supplemental dividend of $0.06 per share payable in December 2026, each of which is detailed in the table below. The Company's regular quarterly dividend for the quarter ending December 31, 2026 will be payable as follows: Declared Ex-Dividend Date Record Date Payment Date Amount Per Share 8/27/2026 10/15/2026 10/15/2026 10/30/2026 $0.1934 8/27/2026 11/13/2026 11/13/2026 11/30/2026 $0.1934 8/27/2026 12/15/2026 12/15/2026 12/31/2026 $0.1934 The Company's quarterly supplemental dividend for the quarter ending December 31, 2026 will be payable as follows: Declared Ex-Dividend Date Record Date Payment Date Amount Per Share 8/27/2026 12/15/2026 12/15/2026 12/31/2026 $0.06 Total Regular Dividend per Share for Quarter Ending December 31, 2026: $ 0.58 Total Supplemental Dividend per Share for Quarter Ending December 31, 2026: $ 0.06 Total Dividends per Share for Quarter Ending December 31, 2026: $ 0.64     When declaring dividends, the Board of Directors reviews estimates of taxable income available for distribution, which may differ from net investment income under generally accepted accounting principles.

Business development companies are engineered to move cash out the door: by statute, a BDC must distribute at least 90% of taxable income to shareholders, and the bulk of that income lands on your 1099 as ordinary, not qualified.

Capital Southwest is expanding its committed investments while adding portfolio companies, indicating gradual growth with increasing diversification. The loan book is mostly floating rate, but its debt is mostly fixed rate. This should lift spread yields in the hawkish rates environment expected over the next year. Credit quality is worth tracking as average ratings, non‑accruals, and PIK income are rising, but there is no cause for alarm yet.

Many BDCs have cut their dividends in the past 12-month period. However, for many (including those who have already cut), some form of damage is still in front of them. In my view, investing in BDCs for truly durable income is almost impossible.

Capital Southwest remains a top-tier BDC, delivering solid earnings and maintaining a secure dividend despite sector headwinds. CSWC's conservative leverage, internally-managed structure, and ample liquidity support dividend safety, with no debt maturities until 2028 and $375M in liquidity. Net investment income grew on a total basis, but per-share results and NAV saw modest pressure due to higher losses and rising non-accruals.

DALLAS, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest” or the “Company”) (Nasdaq: CSWC) today encourages shareholders who have not yet voted to support the Company's proposal to increase the number of authorized shares of common stock. The Company has received substantial shareholder support for the proposal to date.

Capital Southwest (CSWC) Q1 2027 Earnings Call Transcript

Capital Southwest NASDAQ: CSWC reported pre-tax net investment income of $35 million, or $0.57 per share, for the first quarter of fiscal 2027, as increased cash and payment-in-kind interest income lifted total investment income to $61 million from $57.8 million in the preceding quarter.