CSWC Dividend History & Analysis | 12.7% Yield

CSWC has a dividend yield of 12.7% and paid 3.2 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 12.74%
Payout Ratio 49.0%
Growth Rate CAGR 5y -
Consistency Lifetime 35.6%
Yield on Cost 5y 27.26%
Payout FCF -
Streak Years 10
Dividend Rating 37.33%
Ex-Dividend in 6 days: Buy before Feb 13, 2026 to receive the next dividend.

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 14.6%
Total Return 5y: 96.1%

Top Dividend Payers in Asset Management & Custody Banks

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
ECC 709 M 24.3% 44.7%
OXLC 1,177 M 28.3% 29.2%
ECAT 1,534 M 22.0% 36.5%
OCCI 129 M 24.3% 30.5%
BCAT 1,540 M 22.4% 31.2%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
ECAT 1,534 M 144% 91.7%
FSCO 1,204 M 105% 90.0%
OPFI 831 M 108% 100%
SUNS 126 M 90.5% 100%
OWL 21,322 M 60.1% 100%

Quality Dividend Peers in Asset Management & Custody Banks

BUI
BlackRock Utility
 10.47% Yield
GNT
GAMCO Natural Resources
 7.98% Yield
GAM
General American
 11.74% Yield
BK
The Bank of New York
 2.10% Yield
TRIN
Trinity Capital
 14.80% Yield
TBLD
Thornburg Income
 6.56% Yield

CSWC Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-03-13 2026-03-13 2026-03-31 Other 0.2534 31% N/A
2026-02-13 2026-02-13 2026-02-27 Monthly 0.1934 0% N/A
2026-01-15 2026-01-15 2026-01-30 Monthly 0.1934 -23.7% N/A
2025-12-15 2025-12-15 2025-12-31 Other 0.2534 31% 1.09%
2025-11-14 2025-11-14 2025-11-28 Monthly 0.1934 0% 0.87%
2025-10-15 2025-10-15 2025-10-31 Monthly 0.1934 -23.7% 0.94%
2025-09-15 2025-09-15 2025-09-30 Other 0.2534 31% 1.26%
2025-08-15 2025-08-15 2025-08-29 Monthly 0.1934 0% 0.85%
2025-07-15 2025-07-15 2025-07-31 Monthly 0.1934 -69.8% 0.86%
2025-06-13 2025-06-13 2025-06-30 Quarterly 0.64 0% 2.78%
2025-03-14 2025-03-14 2025-03-31 Quarterly 0.64 1.6% 3.12%
2024-12-13 2024-12-13 2024-12-31 Quarterly 0.63 -1.6% 2.97%
2024-09-13 2024-09-13 2024-09-30 Quarterly 0.64 1.6% 2.92%
2024-06-14 2024-06-14 2024-06-28 Quarterly 0.63 0% 2.53%
2024-03-14 2024-03-15 2024-03-28 Quarterly 0.63 0% 2.48%
2023-12-14 2023-12-15 2023-12-29 Quarterly 0.63 1.6% 2.6%
2023-09-14 2023-09-15 2023-09-29 Quarterly 0.62 5.1% 2.68%
2023-06-14 2023-06-15 2023-06-30 Quarterly 0.59 1.7% 2.64%
2023-03-14 2023-03-15 2023-03-31 Quarterly 0.58 1.8% 2.98%
2022-12-14 2022-12-15 2022-12-30 Quarterly 0.57 14% 3.32%
2022-09-14 2022-09-15 2022-09-30 Quarterly 0.5 -20.6% 2.8%
2022-06-14 2022-06-15 2022-06-30 Quarterly 0.63 31.3% 3.41%
2022-03-14 2022-03-15 2022-03-31 Quarterly 0.48 -50.5% 2.5%
2021-12-14 2021-12-15 2021-12-31 Quarterly 0.97 79.6% 4.15%
2021-09-14 2021-09-15 2021-09-30 Quarterly 0.54 1.9% 2.12%
2021-06-14 2021-06-15 2021-06-30 Quarterly 0.53 1.9% 1.99%
2021-03-12 2021-03-15 2021-03-31 Quarterly 0.52 2% 1.91%
2020-12-14 2020-12-15 2020-12-31 Quarterly 0.51 0% 2.3%
2020-09-14 2020-09-15 2020-09-30 Quarterly 0.51 0% N/A
2020-06-12 2020-06-15 2020-06-30 Quarterly 0.51 0% N/A
2020-03-13 2020-03-16 2020-03-31 Quarterly 0.51 -59.2% N/A
2019-12-19 2019-12-20 2019-12-31 Quarterly 1.25 150% N/A
2019-09-13 2019-09-16 2019-09-30 Quarterly 0.5 2% N/A
2019-06-13 2019-06-14 2019-06-28 Quarterly 0.49 2.1% N/A
2019-03-14 2019-03-15 2019-03-29 Quarterly 0.48 4.3% N/A
2018-12-13 2018-12-14 2018-12-31 Quarterly 0.46 360% N/A
2018-09-14 2018-09-17 2018-09-28 Quarterly 0.1 -65.5% N/A
2018-06-25 2018-06-26 2018-07-02 Quarterly 0.29 3.6% N/A
2018-03-14 2018-03-15 2018-04-02 Quarterly 0.28 7.7% N/A
2017-12-14 2017-12-15 2018-01-02 Quarterly 0.26 8.3% N/A
2017-09-14 2017-09-15 2017-10-02 Quarterly 0.24 14.3% N/A
2017-06-13 2017-06-15 2017-07-03 Quarterly 0.21 -53.3% N/A
2017-03-13 2017-03-15 2017-04-03 Quarterly 0.45 164.7% N/A
2016-12-13 2016-12-15 2017-01-03 Quarterly 0.17 54.5% N/A
2016-09-13 2016-09-15 2016-10-01 Quarterly 0.11 83.3% N/A
2016-06-16 2016-06-20 2016-07-01 Quarterly 0.06 50% N/A
2016-03-11 2016-03-15 2016-04-01 Quarterly 0.04 399900% N/A
2015-05-12 2015-05-14 2015-05-29 Semiannual 0 0% N/A
2014-11-12 2014-11-14 2014-11-28 Semiannual 0 0% N/A
2014-05-13 2014-05-15 2014-05-30 Semiannual 0 0% N/A

CSWC Dividend FAQ

Capital Southwest Corporation (NASDAQ: CSWC) is a business-development company that focuses on credit-linked and private-equity investments in lower-middle-market firms. Its mandate covers mezzanine, later-stage, and mature growth-capital deals, typically structured as unitranche, senior, or subordinated debt, as well as preferred and common equity. The firm avoids startups, public equities, real-estate, oil-and-gas exploration, distressed turnarounds, and any transaction where senior management is exiting, and it limits equity co-investments to ≤20 % of the total check while staying non-controlling.

What is the Dividend Yield of CSWC?

As of February 2026, CSWC`s dividend yield is 12.74%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 3.20 USD by the current share price of 23.01.

Does CSWC pay a dividend?

As of February 2026, CSWC paid a dividend of 3.20 USD in the last 12 months. The last dividend was paid on 2026-03-13 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 11 dividend payments. The last dividend payment was made on 2026-03-13.

CSWC dividend forecast

Based on historical data, the forecasted dividends per share for CSWC for the next 4 payments are between 0.497 (+96.1%) and 0.542 (+113.9%).
This represents a strong dividend growth compared to the last payment.

Will CSWC pay dividends in 2026?

The latest dividend paid per share was 0.2534 USD with an Ex-Dividend Date of 2026-03-13. The next Ex-Dividend date for Capital Southwest (CSWC) is 2026-02-13.

What is the next Ex-Dividend Date for CSWC?

The next Ex-Dividend date for Capital Southwest (CSWC) is 2026-02-13.

What is the Dividend Growth of CSWC?

CSWC's average dividend growth rate over the past 5 years is 0.00% per year.

What is the Yield on Cost of CSWC?

CSWC's 5-Year Yield on Cost is 27.3%. If you bought CSWC's shares at 11.74 USD five years ago, your current annual dividend income (3.20 USD per share, trailing 12 months) equals 27.3% of your original purchase price.

What is the Payout Consistency of CSWC?

CSWC Payout Consistency is 35.6%. 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 unstable: Capital Southwest has a poor track record of dividend payments over its lifetime.

Does CSWC have a good Dividend Yield?

CSWC`s 12.74% Dividend Yield is considered as extremely high. Investors should watch out for NAV decline.

What is the Dividend Payout Ratio of CSWC?

The Dividend Payout Ratio of CSWC is 49.0%. 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 37.33%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

CSWC Outstanding Shares Analysis

What is the Trend in CSWC's Outstanding Shares?

Capital Southwest's outstanding shares have increased by approximately 26.89% annually over the past 3 years (Trend Reliability: 100.0%).

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
1996 15,070,000
1997 15,150,000 +0.53%
1998 14,440,000 -4.69%
1999 15,260,200 +5.68%
2000 15,260,200
2001 15,316,200 +0.37%
2002 15,344,400 +0.18%
2003 15,428,000 +0.54%
2004 15,428,000
2005 15,428,000
2006 15,544,000 +0.75%
2007 15,556,600 +0.08%
2008 14,966,600 -3.79%
2009 14,966,600
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%

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: 2026-02-04 02:40