Capital Southwest Corporation
CSWCFinancial Services · Stock · monthly payer
Forward Yield
13.14%
Annual Dividend
$3.04
Payout Ratio
141%
5-Yr Growth
-16.0%
Ex-Date
Oct 15, 2026
Frequency
Monthly
Summary
As of September 2026, Capital Southwest Corporation (CSWC) yields 13.14% ($3.04 per share annually), with a blended fair-value estimate of $31.76 — +36% upside, so it screens as undervalued. Dividend safety grade: C (52/100).
Is CSWC a good dividend stock?
MixedCapital Southwest Corporation (CSWC) pays a monthly dividend yielding 13.14% ($3.04/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
- 13.14%
- Payout Ratio
- 141%
- Annual Dividend
- $3.04
- 5-Yr Avg Growth
- -16.0%
- Ex-Dividend Date
- Oct 15, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.74
- Market Cap
- $1.5B
- P/E Ratio
- 12.7
- 5-Yr Total Return
- -17%
- 52-Week Range
- $19.37 – $25.75
- Dividend Safety
- C · 52/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
CSWC Price — Last 12 Months
Daily close
Price Return
1 Year
+15%
3 Years
+8%
5 Years
-17%
52-Week Range
$19.37 – $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 $31.76 per share, versus a market price of $23.42. That implies 36% of upside — a margin of safety of about 26%.
Fair Value
$31.76
Current Price
$23.42
Upside
+36%
Margin of Safety
26%
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.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model -5.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.0% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $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 | — | $0.2530 | regular |
| Aug 14, 2026 | — | $0.1930 | regular |
| Jul 15, 2026 | — | $0.1930 | regular |
| Jun 15, 2026 | — | $0.2530 | regular |
| May 15, 2026 | — | $0.1930 | regular |
| Apr 15, 2026 | — | $0.1930 | regular |
| Mar 13, 2026 | — | $0.2530 | regular |
| Feb 13, 2026 | — | $0.1930 | regular |
| Jan 15, 2026 | — | $0.1930 | regular |
| Dec 15, 2025 | — | $0.2530 | regular |
| Nov 14, 2025 | — | $0.1930 | regular |
| Oct 15, 2025 | — | $0.1930 | regular |
| Sep 15, 2025 | — | $0.2530 | regular |
| Aug 15, 2025 | — | $0.1930 | regular |
Income Calculator
At $3.04 / yr per share
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