Capital Southwest Corporation Set to Trade Ex-Dividend Soon

A recent report highlights that Capital Southwest Corporation will trade ex-dividend, impacting its stock price. The quarterly dividend of $0.58 is expected to adjust shares by approximately 2.32%. Investors should prepare for this change ahead of 9/13/24.

Date: 11-09-2024

AI Rating: 6

According to the report, Capital Southwest Corporation (CSWC) is set to trade ex-dividend on 9/13/24, with a quarterly dividend of $0.58. This dividend represents around 2.32% of CSWC's recent trading price of $25.03. As such, investors anticipate that shares will experience a decrease of approximately 2.32% when trading begins on the specified date. This expected drop is typical when companies go ex-dividend, as the stock price adjusts to reflect the dividend payout.

The report also notes that CSWC has an estimated annual yield of 9.27%, which investors might consider as a reasonable expectation for future dividends. This yield could be appealing, especially for income-focused investors seeking consistent returns. However, predicting dividends can be uncertain, and historical performance should be taken into account.

The report highlights CSWC's current trading range, noting a 52-week high of $27.23 and a low of $20.72, with the last trade reported at $24.95. The proximity of the current trading price to the 52-week low and high points can impact investor sentiment and expectations.

On the trading day mentioned, CSWC's shares are down 0.1%, which could be reflective of market conditions or investor reaction to broader economic factors.

Stocks: CSWC