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Dec 31, 2020

Capital Southwest Q3 2021 Earnings Report

Announced financial results for third fiscal quarter ended December 31, 2020 and announced increase in total dividends to $0.52 per share for the Quarter Ended March 31, 2021.

Key Takeaways

Capital Southwest Corporation reported a strong finish to calendar year 2020 with its portfolio appreciating and non-accrual investments being resolved. Net Investment Income was $0.52 per share for the quarter, leading to an increase in the regular dividend for the March quarter to $0.42 per share.

Total Investment Portfolio: $648.8 million

Pre-Tax Net Investment Income: $10.0 million, or $0.52 per weighted average diluted share

Dividends: Paid $0.41 per share Regular Dividend, $0.10 per share Supplemental Dividend

Net Realized and Unrealized Appreciation on Investments: $7.1 million

Total Revenue
$19M
Previous year: $16M
+19.1%
EPS
$0.45
Previous year: $0.39
+15.4%
NAV per Share
$15.7
Previous year: $16.7
-6.0%
Yield on Debt Investments
10.6%
Previous year: 11.3%
-6.2%
Cash and Equivalents
$43.7M
Previous year: $23M
+90.4%
Total Assets
$709M
Previous year: $599M
+18.3%

Capital Southwest

Capital Southwest

Forward Guidance

Capital Southwest increased the regular dividend for the March quarter to $0.42 per share.