DV
Dividend Vision

CSWC BDC — Capital Southwest Corporation

Capital Southwest Corporation (CSWC)

Updated October 16, 2026.

Verdict as of October 19, 2026

CSWC's distribution is rated safe by the Dividend Vision Distribution Safety Score™ (93/100, high confidence). It pays monthly and its distribution rate is 11.10%. The latest total cash payment per current share, $0.1934 with an ex-date of October 15, 2026, was 23.7% lower than the previous $0.2534. It is not yet confirmed whether this is a cut to the regular payout or a one-off difference.

Sources: Capital Southwest, Section 19a-1 notices, scoring methodology.

CSWC is a BDC. its distribution rate is 11.10%, its trailing-12-month yield is 11.10%. Dividend Vision Distribution Safety Score™ is 93/100 (Safe). Total return is 17973.6% over the past 46.6 years.

At the published price, recorded trailing 12-month cash corresponds to $1,110 per $10,000. Past cash distributions do not establish future income.

Capital Southwest Corporation is a business development company that invests in lower middle market companies through a mix of debt and equity securities, with a focus on industrial manufacturing and services, healthcare, business services, specialty chemicals, and tech-enabled models. The company distributes monthly and currently carries a high distribution rate; the latest distribution was special and may not recur at the same level. Capital Southwest appeals to income-focused investors seeking exposure to private credit and equity in the middle market.

CSWC dividend yield and income

Price as of 2026-10-16.

The distribution rate (11.10%) uses trailing 12-month split-adjusted cash distributions; includes specials and supplementals; divided by market price dated 2026-10-16. Trailing-12-month yield (11.10%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.1934. The ex-dividend date is 10/15/2026. The payment date is 10/30/2026. At the published price, recorded trailing 12-month cash corresponds to $1,110 per $10,000. Past cash distributions do not establish future income.

Recorded distribution timeline (116)
Ex-dateAs paidPer current shareChange from previous payment
2026-10-15$0.1934$0.1934-23.7%
Total cash (unclassified)
2026-09-15$0.2534$0.253431.0%
Total cash (unclassified)
2026-08-14$0.1934$0.19340.0%
Total cash (unclassified)
2026-07-15$0.1934$0.1934-23.7%
Total cash (unclassified)
2026-06-15$0.2534$0.253431.0%
Total cash (unclassified)
2026-05-15$0.1934$0.19340.0%
Total cash (unclassified)
2026-04-15$0.1934$0.1934-23.7%
Total cash (unclassified)
2026-03-13$0.2534$0.253431.0%
Total cash (unclassified)
2026-02-13$0.1934$0.19340.0%
Total cash (unclassified)
2026-01-15$0.1934$0.1934-23.7%
Total cash (unclassified)
2025-12-15$0.2534$0.253431.0%
Total cash (unclassified)
2025-11-14$0.1934$0.19340.0%
Total cash (unclassified)
2025-10-15$0.1934$0.1934-23.7%
Total cash (unclassified)
2025-09-15$0.2534$0.253431.0%
Total cash (unclassified)
2025-08-15$0.1934$0.19340.0%
Total cash (unclassified)
2025-07-15$0.1934$0.1934N/A
2025-06-13$0.64$0.640.0%
Total cash (unclassified)
2025-03-14$0.64$0.641.6%
Total cash (unclassified)
2024-12-13$0.63$0.63-1.6%
Total cash (unclassified)
2024-09-13$0.64$0.641.6%
Total cash (unclassified)
2024-06-14$0.63$0.630.0%
Total cash (unclassified)
2024-03-14$0.63$0.630.0%
Total cash (unclassified)
2023-12-14$0.63$0.631.6%
Total cash (unclassified)
2023-09-14$0.62$0.625.1%
Total cash (unclassified)
2023-06-14$0.59$0.591.7%
Total cash (unclassified)
2023-03-14$0.58$0.581.8%
Total cash (unclassified)
2022-12-14$0.57$0.5714.0%
Total cash (unclassified)
2022-09-14$0.5$0.5-20.6%
Total cash (unclassified)
2022-06-14$0.63$0.6331.3%
Total cash (unclassified)
2022-03-14$0.48$0.48-50.5%
Total cash (unclassified)
2021-12-14$0.97$0.9779.6%
Total cash (unclassified)
2021-09-14$0.54$0.541.9%
Total cash (unclassified)
2021-06-14$0.53$0.531.9%
Total cash (unclassified)
2021-03-12$0.52$0.522.0%
Total cash (unclassified)
2020-12-14$0.51$0.510.0%
Total cash (unclassified)
2020-09-14$0.51$0.510.0%
Total cash (unclassified)
2020-06-12$0.51$0.510.0%
Total cash (unclassified)
2020-03-13$0.51$0.51-59.2%
Total cash (unclassified)
2019-12-19$1.25$1.25150.0%
Total cash (unclassified)
2019-09-13$0.5$0.52.0%
Total cash (unclassified)
2019-06-13$0.49$0.492.1%
Total cash (unclassified)
2019-03-14$0.48$0.484.3%
Total cash (unclassified)
2018-12-13$0.46$0.46360.0%
Total cash (unclassified)
2018-09-14$0.1$0.1-65.5%
Total cash (unclassified)
2018-06-25$0.29$0.293.6%
Total cash (unclassified)
2018-03-14$0.28$0.287.7%
Total cash (unclassified)
2017-12-14$0.26$0.268.3%
Total cash (unclassified)
2017-09-14$0.24$0.2414.3%
Total cash (unclassified)
2017-06-13$0.21$0.21-53.3%
Total cash (unclassified)
2017-03-13$0.45$0.45164.7%
Total cash (unclassified)
2016-12-13$0.17$0.1754.5%
Total cash (unclassified)
2016-09-13$0.11$0.1183.3%
Total cash (unclassified)
2016-06-16$0.06$0.0650.0%
Total cash (unclassified)
2016-03-11$0.04$0.04120966.7%
Total cash (unclassified)
2015-05-12$0.00009$00.0%
Total cash (unclassified)
2014-11-12$0.00009$00.0%
Total cash (unclassified)
2014-05-13$0.00009$0-99.3%
Total cash (unclassified)
2013-11-13$0.01348$0.004967300.0%
Total cash (unclassified)
2013-05-15$0.00008$0N/A
2013-03-13$0.02316$0.002177100.0%
Total cash (unclassified)
2012-11-13$0.00003$0N/A
2012-05-22$1.61427$0.14825380800.0%
Total cash (unclassified)
2012-05-15$0.00003$00.0%
Total cash (unclassified)
2011-11-10$0.00003$00.0%
Total cash (unclassified)
2011-05-13$0.00003$00.0%
Total cash (unclassified)
2010-11-10$0.00003$00.0%
Total cash (unclassified)
2010-05-12$0.00003$00.0%
Total cash (unclassified)
2009-11-12$0.00003$00.0%
Total cash (unclassified)
2009-05-13$0.00003$0N/A
2008-12-17$0.01819$0.0017N/A
2008-11-12$0.00003$0N/A
2008-09-22$0.00023$0666.7%
Total cash (unclassified)
2008-05-13$0.00003$00.0%
Total cash (unclassified)
2007-11-13$0.00003$0200.0%
Total cash (unclassified)
2007-05-11$0.00001$0-66.7%
Total cash (unclassified)
2006-11-13$0.00003$0200.0%
Total cash (unclassified)
2006-05-11$0.00001$0-66.7%
Total cash (unclassified)
2005-11-10$0.00003$0200.0%
Total cash (unclassified)
2005-05-12$0.00001$0-66.7%
Total cash (unclassified)
2004-11-10$0.00003$0200.0%
Total cash (unclassified)
2004-05-12$0.00001$0-66.7%
Total cash (unclassified)
2003-11-12$0.00003$0200.0%
Total cash (unclassified)
2003-05-13$0.00001$0-66.7%
Total cash (unclassified)
2002-11-13$0.00003$0200.0%
Total cash (unclassified)
2002-05-13$0.00001$0-66.7%
Total cash (unclassified)
2001-11-13$0.00003$0200.0%
Total cash (unclassified)
2001-05-11$0.00001$0-66.7%
Total cash (unclassified)
2000-11-14$0.00003$0200.0%
Total cash (unclassified)
2000-05-11$0.00001$0-66.7%
Total cash (unclassified)
1999-11-10$0.00003$0200.0%
Total cash (unclassified)
1999-05-12$0.00001$0-66.7%
Total cash (unclassified)
1998-11-18$0.00003$0200.0%
Total cash (unclassified)
1998-05-13$0.00001$0-66.7%
Total cash (unclassified)
1997-11-18$0.00003$0200.0%
Total cash (unclassified)
1997-05-13$0.00001$0-66.7%
Total cash (unclassified)
1996-11-13$0.00003$0200.0%
Total cash (unclassified)
1996-05-14$0.00001$0-100.0%
Total cash (unclassified)
1995-11-13$0.03671$0.0034367000.0%
Total cash (unclassified)
1995-05-09$0.00001$0-66.7%
Total cash (unclassified)
1994-11-10$0.00003$0200.0%
Total cash (unclassified)
1994-05-10$0.00001$0-66.7%
Total cash (unclassified)
1993-11-08$0.00003$0200.0%
Total cash (unclassified)
1993-05-10$0.00001$0-66.7%
Total cash (unclassified)
1992-11-10$0.00003$0200.0%
Total cash (unclassified)
1992-05-11$0.00001$0-66.7%
Total cash (unclassified)
1991-11-08$0.00003$0200.0%
Total cash (unclassified)
1991-05-09$0.00001$0-50.0%
Total cash (unclassified)
1990-11-08$0.00002$0100.0%
Total cash (unclassified)
1990-05-09$0.00001$0-99.9%
Total cash (unclassified)
1989-11-10$0.01044$0.001104300.0%
Total cash (unclassified)
1989-05-04$0.00001$0-99.9%
Total cash (unclassified)
1988-11-04$0.01835$0.0017183400.0%
Total cash (unclassified)
1988-05-03$0.00001$0-99.8%
Total cash (unclassified)
1987-05-04$0.00918$0.0004-7.0%
Total cash (unclassified)
1986-05-13$0.00987$0.000534.5%
Total cash (unclassified)
1985-05-09$0.00734$0.0003—
1985 total—$0.0003—
1986 total—$0.000534.5%
1987 total—$0.0004-7.0%
1988 total—$0.0017300.0%
1989 total—$0.001-43.1%
1990 total—$0-99.7%
1991 total—$033.3%
1992 total—$00.0%
1993 total—$00.0%
1994 total—$00.0%
1995 total—$0.003491700.0%
1996 total—$0-99.9%
1997 total—$00.0%
1998 total—$00.0%
1999 total—$00.0%
2000 total—$00.0%
2001 total—$00.0%
2002 total—$00.0%
2003 total—$00.0%
2004 total—$00.0%
2005 total—$00.0%
2006 total—$00.0%
2007 total—$00.0%
2008 total—$0.001746100.0%
2009 total—$0-99.7%
2010 total—$00.0%
2011 total—$00.0%
2012 total—$0.14822690450.0%
2013 total—$0.0071-95.2%
2014 total—$0.0001-99.1%
2015 total—$0-50.0%
2016 total—$0.381150033.3%
2017 total—$1.16205.3%
2018 total—$1.13-2.6%
2019 total—$2.72140.7%
2020 total—$2.04-25.0%
2021 total—$2.5625.5%
2022 total—$2.18-14.8%
2023 total—$2.4211.0%
2024 total—$2.534.5%
2025 total (cadence changed)—$2.56041.2%
2026 YTD total—$2.1140.0% vs prior-year YTD

CSWC dividend growth

Trailing-12-month distributions versus the preceding 12 months changed -6.7%. The 1Y row below uses this same adjacent TTM cash-window comparison. The deepest trailing-12-month payout decline in the past five years is -11.29%.

TTM income vs TTM N years earlier
WindowChange
1Y-6.7%
3Y8.5%
5Y21.9%
10Y1119.4%

CSWC holdings and sector exposure

Holdings are not available for this snapshot.

CSWC performance

Price and return data through 2026-10-16.

Total return is 17973.6% over the past 46.6 years. Over the past year its total return — price change plus distributions reinvested — is 26.9%. Its deepest 1-year drawdown was 9.1%.

WindowTotal returnCAGR
1M-1.4%—
3M-2.1%—
6M2.2%—
YTD14.0%—
1Y26.9%—
2Y CAGR—6.70%
3Y CAGR—13.30%
5Y CAGR—8.50%
10Y CAGR—16.40%
Since inception (46.6 years)17973.6%11.80%

CSWC key facts

Distribution Safety Score™
93 · Safe
Safety-Adjusted Yield
10.32%
Issuer
Capital Southwest
Asset type
BDC
Asset class
Equity
Distribution rate
11.10%
Distribution frequency
Monthly
Trailing yield
11.10%
5-year average yield
10.23
Last close
$23.08 (stale; as of 2026-10-16)
Market cap
$1,470,977,650
Average volume
459900.0
Dividend
$0.1934
Ex-dividend date
10/15/2026
Payment date
10/30/2026
Beta
0.748
Payout ratio
35.3%
P/E ratio
12.75
Forward P/E
11.4416
EPS
$1.81

How Dividend Vision calculates yield and returns

Distribution rate (11.10%) uses trailing 12-month split-adjusted cash distributions; includes specials and supplementals; divided by market price dated 2026-10-16. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (11.10%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Capital Southwest; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

CSWC risks and drawbacks

The deepest 1-year drawdown on record here is 9.1%.

Who may consider CSWC — and who may not

CSWC may suit someone looking for a high Distribution Safety Score. This is educational context, not a recommendation to buy or sell.

More on CSWC

Tagged: BDC, Dividend.

Frequently asked questions

Does CSWC pay monthly?

Yes. CSWC currently pays monthly.

What is CSWC's dividend yield?

CSWC's distribution rate is 11.10%, paid monthly — trailing 12-month split-adjusted cash distributions; includes specials and supplementals; divided by market price dated 2026-10-16.

How has CSWC's dividend grown?

Trailing-12-month distributions versus the preceding 12 months changed -6.7%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.

When does CSWC pay a dividend?

CSWC pays monthly. The dividend amount is $0.1934. The ex-dividend date is 10/15/2026. The payment date is 10/30/2026.

How has CSWC performed?

Total return is 17973.6% over the past 46.6 years. Over the past year its total return — price change plus distributions reinvested — is 26.9%. Its deepest 1-year drawdown was 9.1%.

Is CSWC a good investment?

CSWC's Dividend Vision Distribution Safety Score is 93 (Safe). That is a risk signal, not investment advice. Its distribution rate is 11.10% (trailing 12-month split-adjusted cash distributions; includes specials and supplementals; divided by market price dated 2026-10-16). Compare peers below rather than treating any single figure as a buy or sell.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.