Capital Southwest (NASDAQ:CSWCZ) Shares Down 0.5% – What’s Next?

Shares of Capital Southwest Co. (NASDAQ:CSWCZ) dropped 0.5% during mid-day trading on Wednesday . The company traded as low as $25.60 and last traded at $25.60. 7,336 shares were traded during trading, an increase of 22% from the average session volume of 6,037 shares. The stock had previously closed at $25.74.

Capital Southwest Stock Performance

The firm’s 50-day simple moving average is $25.83 and its 200 day simple moving average is $25.79.

Capital Southwest Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 1st. Investors of record on Tuesday, October 15th will be paid a $0.4844 dividend. This is an increase from Capital Southwest’s previous quarterly dividend of $0.48. This represents a $1.94 annualized dividend and a yield of 7.56%. The ex-dividend date of this dividend is Tuesday, October 15th.

Capital Southwest Company Profile

Capital Southwest Corporation is a business development company specializing in credit and private equity and venture capital investments in middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, recapitalizations and growth capital investments. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing.