CSWC Dividend History & Yield

Capital Southwest Corporation · NasdaqGS

Stock Financial Services Monthly payer BDCHigh yield
$22.37
-0.04% today
as of Oct 25, 2026
TTM yield
11.43%
$2.556/share over the last 12 months
Forward yield
11.43%
$2.556/share indicated annual rate
Annual dividend
$2.556
per share, forward
Per payment
$0.1934
per share, every month
Frequency
Monthly
12 payments a year
Next ex-dividend date
Nov 13, 2026 Declared
in 19 days
Next pay date
Dec 31, 2026
in 67 days
Last ex-dividend date
Oct 15, 2026
$0.193 per share
Payout ratio
141%
of earnings
Market cap
1.4B
P/E 12.4
5y dividend CAGR
+4.0%
annualised, regular payments
Growth streak
0 yrs
no current streak
Years paying
39.5
since May 4, 1987
1y total return
+14.0%
price +2.3% + dividends 11.7%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Fri, Nov 13, 2026 (in 19 days) Dec 31, 2026 $0.1934 $19.34 Declared
Sun, Dec 13, 2026 (in 49 days) Dec 28, 2026 $0.213 $21.30 Estimated
Tue, Jan 12, 2027 (in 79 days) Jan 27, 2027 $0.213 $21.30 Estimated
Thu, Feb 11, 2027 (in 109 days) Feb 26, 2027 $0.213 $21.30 Estimated
Sat, Mar 13, 2027 (in 139 days) Mar 28, 2027 $0.213 $21.30 Estimated
Mon, Apr 12, 2027 (in 169 days) Apr 27, 2027 $0.213 $21.30 Estimated
Wed, May 12, 2027 (in 199 days) May 27, 2027 $0.213 $21.30 Estimated
Fri, Jun 11, 2027 (in 229 days) Jun 26, 2027 $0.213 $21.30 Estimated
Sun, Jul 11, 2027 (in 259 days) Jul 26, 2027 $0.213 $21.30 Estimated
Tue, Aug 10, 2027 (in 289 days) Aug 25, 2027 $0.213 $21.30 Estimated
Thu, Sep 9, 2027 (in 319 days) Sep 24, 2027 $0.213 $21.30 Estimated
Sat, Oct 9, 2027 (in 349 days) Oct 24, 2027 $0.213 $21.30 Estimated

Estimated dates and amounts are projected from CSWC's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $2.5364 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Sep 13, 2019 to Oct 15, 2026; most recent $0.193$0.00$0.75$1.50Sep 13, 2019: $0.50Sep '19Dec 19, 2019: $1.25Mar 13, 2020: $0.51Jun 12, 2020: $0.51Sep 14, 2020: $0.51Dec 14, 2020: $0.51Dec '20Mar 12, 2021: $0.52Jun 14, 2021: $0.53Sep 14, 2021: $0.54Dec 14, 2021: $0.97Mar 14, 2022: $0.48Mar '22Jun 14, 2022: $0.63Sep 14, 2022: $0.50Dec 14, 2022: $0.57Mar 14, 2023: $0.58Jun 14, 2023: $0.59Jun '23Sep 14, 2023: $0.62Dec 14, 2023: $0.63Mar 14, 2024: $0.63Jun 14, 2024: $0.63Sep 13, 2024: $0.64Sep '24Dec 13, 2024: $0.63Mar 14, 2025: $0.64Jun 13, 2025: $0.64Jul 15, 2025: $0.193Aug 15, 2025: $0.193Aug '25Sep 15, 2025: $0.253Oct 15, 2025: $0.193Nov 14, 2025: $0.193Dec 15, 2025: $0.253Jan 15, 2026: $0.193Jan '26Feb 13, 2026: $0.193Mar 13, 2026: $0.253Apr 15, 2026: $0.193May 15, 2026: $0.193Jun 15, 2026: $0.253Jun '26Jul 15, 2026: $0.193Aug 14, 2026: $0.193Sep 15, 2026: $0.253Oct 15, 2026: $0.193

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$1.50$3.002017: $1.16$1.1620172018: $2.07$2.0720182019: $2.72$2.7220192020: $2.04$2.0420202021: $2.56$2.5620212022: $2.18$2.1820222023: $2.42$2.4220232024: $2.53$2.5320242025: $2.558$2.55820252026 (YTD): $2.11$2.112026 YTD

How much CSWC do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month470$10,502$1,200
$500 / month2,348$52,512$6,000
$1,000 / month4,695$105,023$12,000

Based on the forward yield of 11.43%. $10,000 in CSWC would currently pay about $1,143 a year ($95 a month on average). Model reinvestment and growth →

CSWC dividend history

Show recent only Download CSV
Ex-datePay dateAmountChange
Oct 15, 2026 Oct 30, 2026 $0.193 -23.7%
Sep 15, 2026 Sep 30, 2026 $0.253 +31.1%
Aug 14, 2026 Aug 31, 2026 $0.193 +0.0%
Jul 15, 2026 Jul 31, 2026 $0.193 -23.7%
Jun 15, 2026 Jun 30, 2026 $0.253 +31.1%
May 15, 2026 May 29, 2026 $0.193 +0.0%
Apr 15, 2026 Apr 30, 2026 $0.193 -23.7%
Mar 13, 2026 Mar 31, 2026 $0.253 +31.1%
Feb 13, 2026 Feb 27, 2026 $0.193 +0.0%
Jan 15, 2026 Jan 30, 2026 $0.193 -23.7%
Dec 15, 2025 Dec 31, 2025 $0.253 +31.1%
Nov 14, 2025 Nov 28, 2025 $0.193 +0.0%
Oct 15, 2025 Oct 31, 2025 $0.193 -23.7%
Sep 15, 2025 Sep 30, 2025 $0.253 +31.1%
Aug 15, 2025 Aug 29, 2025 $0.193 +0.0%
Jul 15, 2025 Jul 31, 2025 $0.193 -69.8%
Jun 13, 2025 Jun 30, 2025 $0.64 +0.0%
Mar 14, 2025 Mar 31, 2025 $0.64 +1.6%
Dec 13, 2024 Dec 31, 2024 $0.63 -1.6%
Sep 13, 2024 Sep 30, 2024 $0.64 +1.6%
Jun 14, 2024 Jun 28, 2024 $0.63 +0.0%
Mar 14, 2024 Mar 28, 2024 $0.63 +0.0%
Dec 14, 2023 Dec 29, 2023 $0.63 +1.6%
Sep 14, 2023 Sep 29, 2023 $0.62 +5.1%
Jun 14, 2023 Jun 30, 2023 $0.59 +1.7%
Mar 14, 2023 Mar 31, 2023 $0.58 +1.8%
Dec 14, 2022 Dec 30, 2022 $0.57 +14.0%
Sep 14, 2022 Sep 30, 2022 $0.50 -20.6%
Jun 14, 2022 Jun 30, 2022 $0.63 +31.2%
Mar 14, 2022 Mar 31, 2022 $0.48 -50.5%
Dec 14, 2021 Dec 31, 2021 $0.97 +79.6%
Sep 14, 2021 Sep 30, 2021 $0.54 +1.9%
Jun 14, 2021 Jun 30, 2021 $0.53 +1.9%
Mar 12, 2021 Mar 31, 2021 $0.52 +2.0%
Dec 14, 2020 Dec 31, 2020 $0.51 +0.0%
Sep 14, 2020 Sep 30, 2020 $0.51 +0.0%
Jun 12, 2020 Jun 30, 2020 $0.51 +0.0%
Mar 13, 2020 Mar 31, 2020 $0.51 -59.2%
Dec 19, 2019 Dec 31, 2019 $1.25 +150.0%
Sep 13, 2019 Sep 30, 2019 $0.50 +2.0%
Jun 13, 2019 Jun 28, 2019 $0.49 +2.1%
Mar 14, 2019 Mar 29, 2019 $0.48 +4.3%
Dec 13, 2018 Dec 31, 2018 $0.46 +4.5%
Sep 14, 2018 Sep 28, 2018 $0.44 -50.6%
Jun 25, 2018 Jul 2, 2018 $0.89 +217.9%
Mar 14, 2018 Apr 2, 2018 $0.28 +7.7%
Dec 14, 2017 Jan 2, 2018 $0.26 +8.3%
Sep 14, 2017 Oct 2, 2017 $0.24 +14.3%
Jun 13, 2017 Jul 3, 2017 $0.21 -53.3%
Mar 13, 2017 Apr 3, 2017 $0.45 +164.7%
Dec 13, 2016 Jan 3, 2017 $0.17 +54.5%
Sep 13, 2016 Oct 1, 2016 $0.11 +83.3%
Jun 16, 2016 Jul 1, 2016 $0.06 +50.0%
Mar 11, 2016 Apr 1, 2016 $0.04 +9.0%
May 12, 2015 May 29, 2015 $0.0367 +0.0%
Nov 12, 2014 Nov 28, 2014 $0.0367 +0.0%
May 13, 2014 May 30, 2014 $0.0367 +0.0%
Nov 13, 2013 Nov 29, 2013 $0.0367 +0.0%
May 15, 2013 — $0.0367 +0.0%
Mar 13, 2013 — $0.2524 Special —
Nov 13, 2012 — $0.0367 +0.0%
May 22, 2012 — $1.6144 Special —
May 15, 2012 — $0.0367 +0.0%
Nov 10, 2011 — $0.0367 +0.0%
May 13, 2011 — $0.0367 +0.0%
Nov 10, 2010 — $0.0367 +0.0%
May 12, 2010 — $0.0367 +0.0%
Nov 12, 2009 — $0.0367 +0.0%
May 13, 2009 — $0.0367 +0.0%
Dec 17, 2008 — $0.1982 Special —
Nov 12, 2008 — $0.0367 +33.3%
Sep 22, 2008 — $0.0275 -25.0%
May 13, 2008 — $0.0367 +0.0%
Nov 13, 2007 — $0.0367 +100.0%
May 11, 2007 — $0.0184 -50.0%
Nov 13, 2006 — $0.0367 +100.0%
May 11, 2006 — $0.0184 -50.0%
Nov 10, 2005 — $0.0367 +100.0%
May 12, 2005 — $0.0184 -50.0%
Nov 10, 2004 — $0.0367 +100.0%
May 12, 2004 — $0.0184 -50.0%
Nov 12, 2003 — $0.0367 +100.0%
May 13, 2003 — $0.0184 -50.0%
Nov 13, 2002 — $0.0367 +100.0%
May 13, 2002 — $0.0184 -50.0%
Nov 13, 2001 — $0.0367 +100.0%
May 11, 2001 — $0.0184 -50.0%
Nov 15, 2000 — $0.40 Special —
Nov 14, 2000 — $0.0367 +100.0%
May 11, 2000 — $0.0184 -50.0%
Nov 10, 1999 — $0.0367 +100.0%
May 12, 1999 — $0.0184 -50.0%
Nov 18, 1998 — $0.0367 +100.0%
May 13, 1998 — $0.0184 -50.0%
Nov 18, 1997 — $0.0367 +100.0%
May 13, 1997 — $0.0184 -50.0%
Nov 13, 1996 — $0.0367 +100.0%
May 14, 1996 — $0.0184 -50.0%
Nov 13, 1995 — $0.0367 +100.0%
May 9, 1995 — $0.0184 -50.0%
Nov 10, 1994 — $0.0367 +100.0%
May 10, 1994 — $0.0184 -50.0%
Nov 8, 1993 — $0.0367 +100.0%
May 10, 1993 — $0.0184 -50.0%
Nov 10, 1992 — $0.0367 +100.0%
May 11, 1992 — $0.0184 -50.0%
Nov 8, 1991 — $0.0367 +100.0%
May 9, 1991 — $0.0184 -33.3%
Nov 8, 1990 — $0.0275 +50.0%
May 9, 1990 — $0.0184 +0.0%
Nov 10, 1989 — $0.1138 Special —
May 4, 1989 — $0.0184 +0.0%
Nov 4, 1988 — $0.0184 +100.0%
May 3, 1988 — $0.0092 +0.0%
May 4, 1987 — $0.0092 —

CSWC dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
Sep 15, 2026 Raised 31.3% $0.193 $0.2534 Paid
Sep 15, 2025 Raised 31.1% $0.193 $0.253 Paid

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicElevated risk

CSWC scores 65/100 on our yield-trap heuristic (elevated risk).

3 warning flags raised:

  • Payout ratio above 100% of earnings
  • Yield above 7%
  • Payment was cut within the last 5 years

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Capital Southwest Corporation

Capital Southwest Corporation is a business development company. The firm specializes in credit and private equity and venture capital investments in lower middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, industry consolidation, recapitalizations and growth capital investments. The firm 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.

Sector: Financial Services. Industry: Asset Management. First dividend on our records: May 4, 1987. 115 payments tracked. Data last refreshed Oct 25, 2026. Spotted a mistake? Report it and we'll fix it.

CSWC dividend FAQ

When is CSWC's next ex-dividend date?

CSWC's next ex-dividend date is Nov 13, 2026 (in 19 days, declared by the company). You must own the shares before that date to receive the payment of about $0.1934 per share, expected on Dec 31, 2026.

How often does CSWC pay dividends?

CSWC pays dividends every month, 12 times a year. The most recent payment was $0.193 per share with an ex-date of Oct 15, 2026.

What is CSWC's dividend yield?

CSWC's trailing 12-month dividend yield is 11.43%, based on $2.556 per share paid over the last year and a share price of $22.37. The forward yield, using the indicated annual rate of $2.556 per share, is 11.43%.

How much does CSWC pay per share?

CSWC pays about $0.1934 per share each month, which works out to roughly $2.556 per share a year. 100 shares would collect about $255.60 a year.

Has CSWC grown or cut its dividend?

Over the last 5 years the regular payout has grown at 4.0% a year (-6.8% over the last year). CSWC did cut a regular payment within the last 5 years.

How many shares of CSWC do I need to earn $100 a month?

At the current forward yield of 11.43%, you would need about 470 shares of CSWC (roughly $10,502 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every month, so the monthly figure is an average.

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