Capital Southwest Corporation (CSWC) Dividend History
Income profile from 1985 to 2026 with payout safety and yield-on-cost trend
CSWC Dividend Income Check
Safety
1.3% payout ratio with sustainable safety profile.
Consistency
3 straight years of dividend increases.
Income Trend
Yield on cost is 14.4% and trend is rising.
CSWC Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
CSWC Income Growth Story
Dividend per share and yield on cost over time (42 years of payments)
CSWC Dividend Safety Story
EPS is the container — dividend is what's drawn out
Get CSWC's next ex-dividend date and payout in your inbox
Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Capital Southwest Corporation distributes 1.3% of earnings as dividends (Sustainable).
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
CSWC has raised its dividend for 3 consecutive years, with a 3-year CAGR of 5.5% and 5-year CAGR of 4.6%.
Total Shareholder Returns
Beyond cash dividends, CSWC returns capital through share repurchases. The combined picture: 9.7% dividend yield, 9.7% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 14.4% and is currently rising. The 5-year total return is 44.1%, with dividends contributing 50.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $32,757 today.
CSWC Recent Dividend Payments
Last 20 payments · Monthly
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Sep 15, 2026Latest | $0.2534 | ↑ +31.0% | 9.20% | Sep 30, 2026 |
| Aug 14, 2026 | $0.1934 | — | 9.20% | Aug 31, 2026 |
| Jul 15, 2026 | $0.1934 | ↓ -23.7% | 9.20% | Jul 31, 2026 |
| Jun 15, 2026 | $0.2534 | ↑ +31.0% | 9.14% | Jun 30, 2026 |
| May 15, 2026 | $0.1934 | — | 12.50% | May 29, 2026 |
| Apr 15, 2026 | $0.1934 | ↓ -23.7% | 10.42% | Apr 30, 2026 |
| Mar 13, 2026 | $0.2534 | ↑ +31.0% | 11.95% | Mar 31, 2026 |
| Feb 13, 2026 | $0.1934 | — | 12.92% | Feb 27, 2026 |
CSWC Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $1.4B | 9.7% | 1.3% | 3 | Sustainable | |
| $12.9B | 2.1% | — | 0 | Unknown | |
| $3.2B | 11.2% | 97.9% | 0 | At Risk | |
1st | $203M | 20.5% | 83.9% | 0 | Watch |
| $678M | 13.2% | 96.7% | 0 | At Risk | |
2nd | $742M | 16.1% | 1.7% | 0 | Sustainable |
| $1.2B | 11.7% | 1.0% | 0 | Sustainable | |
3rd | $1.0B | 14.9% | 4.4% | 0 | Sustainable |
| $696M | 11.6% | 91.6% | 0 | At Risk |
CSWC Annual Dividend History (1985–2026)
42 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.92 | — | 9 | $1.90 | 101.1% | 0.99x | 10.8% |
| 2025 | $2.56 | 1.2% | 8 | $1.47 | 174.2% | 0.57x | 14.4% |
| 2024 | $2.53 | 4.5% | 4 | $2.05 | 123.4% | 0.81x | 14.2% |
| 2023 | $2.42 | 11.0% | 4 | $1.10 | 220.0% | 0.45x | 13.6% |
| 2022 | $2.18 | -14.8% | 4 | $1.87 | 116.6% | 0.86x | 12.2% |
| 2021 | $2.56 | 25.5% | 4 | $2.67 | 95.9% | 1.04x | 14.4% |
| 2020 | $2.04 | -42.9% | 4 | $-1.24 | — | — | 11.4% |
| 2019 | $3.57 | 72.5% | 4 | $1.98 | 180.3% | 0.55x | 20.0% |
| 2018 | $2.07 | 78.4% | 4 | $2.44 | 84.8% | 1.18x | 11.6% |
| 2017 | $1.16 | 205.3% | 4 | $1.48 | 78.4% | 1.28x | 6.5% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
41+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
CSWC — Frequently Asked Questions
Quick answers to the most common questions about buying CSWC stock.
How much dividend does CSWC pay per share?
Capital Southwest Corporation (CSWC) pays a trailing 12-month dividend of $2.24 per share, with a current dividend yield of +9.7%. Payments are made Monthly.
When is CSWC's next ex-dividend date?
CSWC's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. CSWC typically pays dividends Monthly.
Is CSWC's dividend safe?
CSWC's dividend safety is rated "Sustainable" based on an earnings payout ratio of +1.3% and FCF payout ratio of N/A. The 3-year growth streak provides moderate confidence.
Is CSWC a Dividend Payer?
Yes, Capital Southwest Corporation is classified as a Dividend Payer with 3 consecutive years of dividend increases. The 5-year dividend CAGR is +4.6%, demonstrating modest dividend growth.
How often does CSWC pay dividends?
Capital Southwest Corporation pays dividends Monthly. The trailing 12-month total is $2.24 per share. Dividend data on this page covers 41+ years from 1985 to 2026.
How much would $10,000 invested in CSWC grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in CSWC five years ago would be worth approximately $14,409 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is CSWC's yield on cost for long-term holders?
CSWC's yield on cost — the current dividend divided by the original purchase price — is +14.4% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +9.7% market yield, thanks to consistent dividend growth.