DALLAS, Feb. 28, 2018 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest” or the “Company”)
(Nasdaq:CSWC), an internally managed Business Development Company focused on providing flexible financing solutions to support the
acquisition and growth of middle market businesses, today announced its Board of Directors has declared a quarterly dividend of
$0.28 per share for the quarter ended March 31, 2018.
The Company’s dividend will be payable as follows:
March 31, 2018 Quarterly Dividend
|
| |
|
|
| Amount Per Share: |
|
$0.28 |
| Ex-Dividend Date: |
|
March 14, 2018 |
| Record Date: |
|
March 15, 2018 |
| Payment Date: |
|
April 2, 2018 |
When declaring dividends, the Board of Directors reviews estimates of taxable income available for
distribution, which may differ from net investment income under generally accepted accounting principles. The final determination
of taxable income for each year, as well as the tax attributes for dividends in such year, will be made after the close of the tax
year.
Capital Southwest maintains a dividend reinvestment plan ("DRIP") that provides for the reinvestment of
dividends on behalf of its registered stockholders who hold their shares with Capital Southwest’s transfer agent and registrar,
American Stock Transfer and Trust Company. Under the DRIP, if the Company declares a dividend, registered stockholders who
have opted in to the DRIP by the dividend record date will have their dividend automatically reinvested into additional shares of
Capital Southwest common stock.
About Capital Southwest
Capital Southwest Corporation (Nasdaq:CSWC) is a Dallas, Texas-based, internally managed Business Development
Company with approximately $299 million in net assets as of December 31, 2017. A middle-market lending firm focused on
supporting the acquisition and growth of middle market businesses, Capital Southwest makes investments ranging from $5 to $20
million in securities across the capital structure, including first lien, unitranche, second lien, subordinated debt and
non-control equity co-investments. As a public company with a permanent capital base, Capital Southwest has the flexibility to be
creative in its financing solutions and to invest to support the growth of its portfolio companies over long periods of time.
Forward-Looking Statements
This press release contains historical information and forward-looking statements within the meaning of The
Private Securities Litigation Reform Act of 1995 with respect to the business and investments of Capital Southwest. Forward-looking
statements are statements that are not historical statements and can often be identified by words such as “will,” “may,” “could,”
“believe,” “expect” and similar expressions and variations or negatives of these words. These statements are based on management's
current expectations, assumptions and beliefs. They are not guarantees of future results and are subject to numerous risks,
uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking
statement. These risks include risks related to changes in the markets in which Capital Southwest invests, changes in the financial
and lending markets, regulatory changes, tax treatment and general economic and business conditions.
Readers should not place undue reliance on any forward-looking statements and are encouraged to review Capital
Southwest's Annual Report on Form 10-K for the year ended March 31, 2017 and subsequent filings with the Securities and Exchange
Commission for a more complete discussion of the risks and other factors that could affect any forward-looking statements. Except
as required by the federal securities laws, Capital Southwest does not undertake any obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future events, changing circumstances or any other reason after
the date of this press release.
Investor Relations Contacts:
Michael S. Sarner, Chief Financial Officer
214-884-3829
