
Capital Southwest Corporation
CSWCFinancial Services · Asset Management · Stock · monthly payer
Forward Yield
12.94%
Annual Dividend
$2.32
Payout Ratio
141%
5-Yr Growth
-16.0%
Ex-Date
Oct 15, 2026
Frequency
Monthly
Key facts about CSWC's dividend
Data as of · Source: SmarterDividends data
- As of Oct 15, 2026, Capital Southwest Corporation (CSWC) has a forward dividend yield of 12.94%, based on an annual dividend of $2.32 per share and a share price of $23.42.
- As of Oct 15, 2026, CSWC's dividend safety grade from SmarterDividends is C (52 out of 100), which rates the dividend as borderline.
- CSWC last cut its regular dividend in 2025.
- CSWC's next ex-dividend date is Oct 15, 2026, with payment on Oct 30, 2026. Shares must be owned before that date to receive the dividend.
- As of Oct 15, 2026, CSWC pays out 141% of its trailing 12-month earnings as dividends (its payout ratio).
- CSWC's dividend has shrunk at an average rate of 16.0% a year over the past five years.
- As of Oct 15, 2026, CSWC's 12.94% yield is 18% above its five-year average yield of 10.94%.
- As of Oct 15, 2026, SmarterDividends' blended fair-value estimate for CSWC is $32.92 per share, 41% above the $23.42 share price, so CSWC screens as undervalued.
- Capital Southwest Corporation (CSWC) pays its dividend monthly, 12 times a year.
Cite this page
SmarterDividends, "CSWC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 15, 2026, https://smarterdividends.com/stocks/CSWC
Summary
As of Oct 15, 2026, Capital Southwest Corporation (CSWC) yields 12.94% ($2.32 a year per share) and has a dividend safety grade of C (52/100).
Is CSWC a good dividend stock?
MixedCapital Southwest Corporation (CSWC) pays a monthly dividend yielding 12.94% ($2.32/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2025
- Elevated payout ratio (141%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 12.94%
- Payout Ratio
- 141%
- Annual Dividend
- $2.32
- 5-Yr Avg Growth
- -16.0%
- Ex-Dividend Date
- Oct 15, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.75
- Market Cap
- $1.5B
- P/E Ratio
- 12.9
- 5-Yr Total Return
- -17%
- 52-Week Range
- $19.60 – $25.75
- Dividend Safety
- C · 52/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
Is CSWC a good dividend stock?
Mixed. Capital Southwest Corporation (CSWC) pays a monthly dividend yielding 12.94% ($2.32/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is CSWC undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CSWC's fair value is about $32.92 versus a $23.42 share price — so it looks undervalued (+41% vs. fair value).
Is CSWC's dividend safe?
CSWC has a dividend-safety grade of C (52/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.
What is CSWC's fair value?
Our blended fair-value estimate for CSWC is about $32.92 per share, roughly 41% above the current $23.42 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is CSWC a buy, hold, or sell?
We don't issue formal ratings, but on the data CSWC screens as "mixed" and undervalued. Capital Southwest Corporation (CSWC) pays a monthly dividend yielding 12.94% ($2.32/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will CSWC cut its dividend?
CSWC earns a dividend-safety grade of C (52/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does CSWC pay a dividend?
Yes. Capital Southwest Corporation pays a monthly dividend of about $2.32 per share annually, a forward yield of roughly 12.94%.
What is CSWC's dividend yield?
As of Oct 15, 2026, CSWC's forward dividend yield is 12.94%, based on a $2.32 annual dividend and a $23.42 share price.
What is CSWC's dividend per share?
As of Oct 15, 2026, CSWC pays $2.32 per share per year, distributed on a monthly basis.
What is CSWC's dividend payout ratio?
As of Oct 15, 2026, CSWC's payout ratio is 141% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has CSWC grown its dividend?
CSWC does not currently have a long dividend-growth streak on record.
When is the next CSWC ex-dividend date?
As of Oct 15, 2026, the next ex-dividend date on record for CSWC is Oct 15, 2026.
CSWC Price — Last 12 Months
Daily close
Price Return
1 Year
+16%
3 Years
+9%
5 Years
-17%
52-Week Range
$19.60 – $25.75
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CSWC worth?
Undervaluedlow confidenceOur blended fair-value estimate for Capital Southwest Corporation is $32.92 per share, versus a market price of $23.42. That implies 41% of upside — a margin of safety of about 29%.
Fair Value
$32.92
Current Price
$23.42
Upside
+41%
Margin of Safety
29%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.0% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $1.81 EPS, $3.04 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CSWC Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full CSWC dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 15, 2026 | Sep 30, 2026 | $0.2530 | regular |
| Aug 14, 2026 | Aug 31, 2026 | $0.1930 | regular |
| Jul 15, 2026 | Jul 31, 2026 | $0.1930 | regular |
| Jun 15, 2026 | Jun 30, 2026 | $0.2530 | regular |
| May 15, 2026 | May 29, 2026 | $0.1930 | regular |
| Apr 15, 2026 | Apr 30, 2026 | $0.1930 | regular |
| Mar 13, 2026 | Mar 31, 2026 | $0.2530 | regular |
| Feb 13, 2026 | Feb 27, 2026 | $0.1930 | regular |
| Jan 15, 2026 | Jan 30, 2026 | $0.1930 | regular |
| Dec 15, 2025 | Dec 31, 2025 | $0.2530 | regular |
| Nov 14, 2025 | Nov 28, 2025 | $0.1930 | regular |
| Oct 15, 2025 | Oct 31, 2025 | $0.1930 | regular |
| Sep 15, 2025 | Sep 30, 2025 | $0.2530 | regular |
| Aug 15, 2025 | Aug 29, 2025 | $0.1930 | regular |
Income Calculator
At $2.32 / yr per share
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