Capital Southwest (NASDAQ:CSWCZ) Shares Down 0.5% – Here’s What Happened

Shares of Capital Southwest Co. (NASDAQ:CSWCZ) dropped 0.5% on Wednesday . The company traded as low as $25.60 and last traded at $25.60. Approximately 7,336 shares traded hands during mid-day trading, an increase of 22% from the average daily volume of 6,037 shares. The stock had previously closed at $25.74.

Capital Southwest Trading Down 0.5 %

The firm’s 50 day moving average is $25.83 and its two-hundred day moving average is $25.79.

Capital Southwest Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 1st. Investors of record on Tuesday, October 15th will be issued a $0.4844 dividend. This is a boost from Capital Southwest’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $1.94 annualized dividend and a yield of 7.56%.

Capital Southwest Company Profile

Capital Southwest Corporation is a business development company specializing in credit and private equity and venture capital investments in middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, recapitalizations and growth capital investments. It 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.