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Jun 30, 2021

Capital Southwest Q1 2022 Earnings Report

Announced financial results for the first fiscal quarter ended June 30, 2021, with a total dividend increase to $0.54 per share for the quarter ended September 30, 2021.

Key Takeaways

Capital Southwest Corporation reported a pre-tax net investment income of $0.45 per share for the quarter ended June 30, 2021, and increased its regular dividend to $0.44 per share. The company's portfolio performed well, producing $0.45 of Pre-Tax Net Investment Income and $6.1 million in net unrealized and realized gains.

Total Investment Portfolio: $798.6 million

Pre-Tax Net Investment Income: $9.4 million, or $0.45 per weighted average diluted share

Dividends: Paid $0.43 per share Regular Dividend, $0.10 per share Supplemental Dividend

Net Realized and Unrealized Appreciation on Investments: $6.1 million

Total Revenue
$18.6M
Previous year: $15.2M
+22.5%
EPS
$0.43
Previous year: $0.38
+13.2%
NAV per Share
$16.6
Previous year: $15
+10.9%
Yield on Debt Investments
10%
Previous year: 10.1%
-1.0%
Cash and Equivalents
$16.5M
Previous year: $15M
+10.4%
Total Assets
$836M
Previous year: $619M
+35.0%

Capital Southwest

Capital Southwest

Forward Guidance

Based on continued strong performance, the Board of Directors has again declared an increase in our regular dividend to $0.44 per share and affirmed our supplemental dividend of $0.10 per share for the quarter ended September 30, 2021.