Capital Southwest Announces Quarterly Dividend Of $0.24 Per Share


DALLAS, Aug. 30, 2017 (GLOBE NEWSWIRE) — Capital Southwest Corporation (“Capital Southwest” or the “Company”); (Nasdaq:CSWC) today announced its Board of Directors has declared a quarterly dividend of $0.24 per share for the quarter ended September 30, 2017. 

The Company’s dividend will be payable as follows:

September 30, 2017 Quarterly Dividend   Amount Per Share:    $0.24 Ex-Dividend Date:    September 13, 2017 Record Date:    September 15, 2017 Payment Date:    October 2, 2017

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. The final determination of taxable income for each year, as well as the tax attributes for dividends in such year, will be made after the close of the tax year. 

Capital Southwest maintains a dividend reinvestment plan (“DRIP”) that provides for the reinvestment of dividends on behalf of its registered stockholders who hold their shares with Capital Southwest’s transfer agent and registrar, American Stock Transfer and Trust Company.Under the DRIP, if the Company declares a dividend, registered stockholders who have opted in to the DRIP by the dividend record date will have their dividend automatically reinvested into additional shares of Capital Southwest common stock. 

About Capital Southwest

Capital Southwest Corporation (Nasdaq:CSWC) is a Dallas, Texas-based, Internally Managed Business Development Company with approximately $287 million in net assets as of June 30, 2017. Capital Southwest is a middle-market lending firm focused on supporting the acquisition and growth of middle market businesses. Capital Southwest makes investments ranging from $5 to $20 million in securities across the capital structure, including first lien, unitranche, second lien, subordinated debt, and non-control equity co-investments. As a public company with a permanent capital base, Capital Southwest has the flexibility to be creative in its financing solutions and to invest to support the growth of its portfolio companies over long periods of time.

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