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

Capital Southwest Co. (NASDAQ:CSWCZ)’s stock price was down 0.5% on Thursday . The stock traded as low as $25.62 and last traded at $25.67. Approximately 5,586 shares were traded during mid-day trading, a decline of 4% from the average daily volume of 5,820 shares. The stock had previously closed at $25.80.

Capital Southwest Stock Performance

The business’s 50 day simple moving average is $25.77 and its 200-day simple moving average is $25.80.

Capital Southwest Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Tuesday, October 15th were issued a $0.4844 dividend. This represents a $1.94 dividend on an annualized basis and a yield of 7.52%. This is a positive change from Capital Southwest’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Tuesday, October 15th.

About Capital Southwest

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.