CSWC Dividend History & Analysis | 11.4% Yield

CSWC has a dividend yield of 11.4% and paid 2.56 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 11.41%
Payout Ratio 35.2%
Growth Rate CAGR 5y -42.1%
Consistency Lifetime 100%
Yield on Cost 5y 18%
Payout FCF -
Streak Years 5
Dividend Rating 26%
Chowder Number yield + growth -30.7% below 12% target for healthy growth
Yield vs Average 5y +0.6% avg 11.34% vs now 11.41%
Debt / EBITDA leverage 7.6x elevated
Income per 10k invested 1,141 USD per year
Ex-Dividend in 22 days: Buy before Aug 14, 2026 to receive the next dividend.
Dividends Cash Amount per Share Yearly CSWC annual dividends paid per share, showing the total cash Capital Southwest distributed to shareholders each year.
Dividend Growth Year over Year CSWC year-over-year dividend growth rate, showing how Capital Southwest's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History CSWC dividend yield history versus share price over the past 5 years, showing how Capital Southwest's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Asset Management & Custody Banks

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
ECAT NYSE
BlackRock ESG Capital
1,580 M 21.46% 33.43%
BCAT NYSE
BlackRock Capital
1,618 M 21.15% 28.91%
TRIN NASDAQ
Trinity Capital
1,578 M 14.26% 31.28%
FSK NYSE
FS KKR Capital
3,061 M 17.99% 22.82%
CION NYSE
Cion Investment
322 M 16.83% 23.95%
TYG NYSE
Tortoise Energy
1,108 M 11.78% 32.37%
FBRT NYSE
BSP Realty Trust
624 M 11.70% 30.71%
FSCO NYSE
FS Credit Opportunities
993 M 12.87% 27.07%
BCSF NYSE
Bain Capital Specialty
823 M 14.24% 21.80%
MSIF NYSE
MSC Income Fund
527 M 9.47% 29.69%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
ECAT NYSE
BlackRock ESG Capital
1,580 M 46.20% 91.7%
ASA NYSE
ASA Gold Precious Metals
987 M 43.50% 99.2%
MSIF NYSE
MSC Income Fund
527 M 42.57% 100.0%
BCAT NYSE
BlackRock Capital
1,618 M 38.58% 100.0%
KBDC NYSE
Kayne Anderson BDC
924 M 35.03% 100.0%
SLRC NASDAQ
SLR Investment
716 M 35.11% 98.3%
VCTR NASDAQ
Victory Capital Holdings
6,161 M 24.64% 100.0%
STEP NASDAQ
Stepstone
5,489 M 23.52% 98.9%
BXSL NYSE
Blackstone Secured Lending
5,542 M 25.33% 90.8%
ARES NYSE
Ares Management
41,455 M 21.11% 100.0%

CSWC Dividend History

Dividend Monthly Return EX date, 4.8 years of data

Jan 0.17% 20
Feb 0.17% 20
Mar 2.44% 100
Apr 0.16% 20
May 0.16% 20
Jun 2.60% 100
Jul 0.21% 22
Aug 0.21% 22
Sep 2.24% 100
Oct 0.19% 20
Nov 0.19% 20
Dec 2.75% 100

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 31 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-09-15 2026-09-15 2026-09-30 Other 0.2534 +31% N/A
2026-08-14 2026-08-14 2026-08-31 Monthly 0.1934 0% N/A
2026-07-15 2026-07-15 2026-07-31 Monthly 0.1934 -23.7% 0.81%
2026-06-15 2026-06-15 2026-06-30 Other 0.2534 +31% 1.09%
2026-05-15 2026-05-15 2026-05-29 Monthly 0.1934 0% 0.81%
2026-04-15 2026-04-15 2026-04-30 Monthly 0.1934 -23.7% 0.82%
2026-03-13 2026-03-13 2026-03-31 Other 0.2534 +31% 1.18%
2026-02-13 2026-02-13 2026-02-27 Monthly 0.1934 0% 0.85%
2026-01-15 2026-01-15 2026-01-30 Monthly 0.1934 -23.7% 0.83%
2025-12-15 2025-12-15 2025-12-31 Other 0.2534 +31% 1.14%
2025-11-14 2025-11-14 2025-11-28 Monthly 0.1934 0% 0.94%
2025-10-15 2025-10-15 2025-10-31 Monthly 0.1934 -23.7% 0.96%
2025-09-15 2025-09-15 2025-09-30 Other 0.2534 +31% 1.12%
2025-08-15 2025-08-15 2025-08-29 Monthly 0.1934 0% 0.86%
2025-07-15 2025-07-15 2025-07-31 Monthly 0.1934 -69.8% 0.84%
2025-06-13 2025-06-13 2025-06-30 Quarterly 0.64 0% 3.12%
2025-03-14 2025-03-14 2025-03-31 Quarterly 0.64 +1.6% 3.01%
2024-12-13 2024-12-13 2024-12-31 Quarterly 0.63 -1.6% 2.88%
2024-09-13 2024-09-13 2024-09-30 Quarterly 0.64 +1.6% 2.57%
2024-06-14 2024-06-14 2024-06-28 Quarterly 0.63 0% 2.48%
2024-03-14 2024-03-15 2024-03-28 Quarterly 0.63 0% 2.6%
2023-12-14 2023-12-15 2023-12-29 Quarterly 0.63 +1.6% 2.72%
2023-09-14 2023-09-15 2023-09-29 Quarterly 0.62 +5.1% 2.77%
2023-06-14 2023-06-15 2023-06-30 Quarterly 0.59 +1.7% 3.03%
2023-03-14 2023-03-15 2023-03-31 Quarterly 0.58 +1.8% 3.38%
2022-12-14 2022-12-15 2022-12-30 Quarterly 0.57 +14% 3.19%
2022-09-14 2022-09-15 2022-09-30 Quarterly 0.5 -20.6% 2.7%
2022-06-14 2022-06-15 2022-06-30 Quarterly 0.63 +31.3% 3.28%
2022-03-14 2022-03-15 2022-03-31 Quarterly 0.48 -50.5% 2.05%
2021-12-14 2021-12-15 2021-12-31 Quarterly 0.97 +79.6% 3.81%
2021-09-14 2021-09-15 2021-09-30 Quarterly 0.54 0% 2.02%

CSWC Dividend FAQ

What is the Dividend Yield of CSWC?

As of July 2026, CSWC's dividend yield is 11.41%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.56 USD by the current share price of 24.06.

Does CSWC pay a dividend?

As of July 2026, CSWC paid a dividend of 2.56 USD in the last 12 months. The last dividend was paid on 2026-09-15 and the payout was 0.2534 USD.

How often does CSWC pay dividends?

CSWC pays dividends monthly. Over the last 12 months, CSWC has issued 12 dividend payments. The last dividend payment was made on 2026-09-15.

CSWC dividend forecast

Based on historical data, the forecasted dividends per share for CSWC for the next payments are between 0.115 (-54.6%) and 0.201 (-20.7%). This represents a significant dividend cut compared to the last payment. The expected Yield for the next 12 months is about 8.86%.

Will CSWC pay dividends in 2026?

The latest dividend paid per share was 0.2534 USD with an Ex-Dividend Date of 2026-09-15. The next Ex-Dividend date for Capital Southwest (CSWC) is 2026-08-14.

What is the next Ex-Dividend Date for CSWC?

The next Ex-Dividend date for Capital Southwest (CSWC) is 2026-08-14.

What is the Dividend Growth of CSWC?

CSWC's average dividend growth rate over the past 5 years is -42.1% per year. Negative growth: CSWC's dividend growth is negative and declining.

What is the Yield on Cost of CSWC?

CSWC's 5-Year Yield on Cost is 18.0%. If you bought CSWC's shares at 14.23 USD five years ago, your current annual dividend income (2.56 USD per share, trailing 12 months) equals 18.0% of your original purchase price.

What is the Payout Consistency of CSWC?

CSWC Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Capital Southwest has a strong track record of consistent dividend payments over its lifetime.

Does CSWC have a good Dividend Yield?

CSWC's 11.41% Dividend Yield is considered as very high. This is usually only sustainable for REITs, Asset Managements, MLPs or Covered Call ETFs.

What is the Dividend Payout Ratio of CSWC?

The Dividend Payout Ratio of CSWC is 35.2%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of CSWC?

CSWC's Overall Dividend Rating is 25.95%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

CSWC Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in CSWC's Outstanding Shares?

Capital Southwest's outstanding shares have increased by approximately 19.9% annually over the past 3 years (Trend Reliability: 94.4%). Significant dilution: Heavy share issuance is diluting existing shareholders. Even if total dividends paid increase, your dividend per share may stagnate or decline.

Has CSWC ever had a Stock Split?

Yes, the last stock split was on Oct 1, 2015 with a ratio of 2724:1000. This was a forward split: Each share became 2.72 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1995 15,070,000 0%
1996 15,070,000 0%
1997 15,150,000 +0.53%
1998 14,440,000 -4.69%
1999 15,260,200 +5.68%
2000 15,260,200 0%
2001 15,316,200 +0.37%
2002 15,344,400 +0.18%
2003 15,428,000 +0.54%
2004 15,428,000 0%
2005 15,428,000 0%
2006 15,544,000 +0.75%
2007 15,556,600 +0.08%
2008 14,966,600 -3.79%
2009 14,966,600 0%
2010 11,186,300 -25.26%
2011 15,025,300 +34.32%
2012 15,193,600 +1.12%
2013 16,320,000 +7.41%
2014 15,448,900 -5.34%
2015 15,751,200 +1.96%
2016 15,931,500 +1.14%
2017 16,176,400 +1.54%
2018 17,122,900 +5.85%
2019 18,100,200 +5.71%
2020 19,134,800 +5.72%
2021 23,432,500 +22.46%
2022 31,381,400 +33.92%
2023 41,513,800 +32.29%
2024 54,122,000 +30.37%
2025 66,842,800 +23.5%
2026 62,452,000 -6.57%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-18 02:37 UTC