Capital Southwest (NASDAQ:CSWCZ) Stock Price Down 0.5% – Should You Sell?

Shares of Capital Southwest Co. (NASDAQ:CSWCZ) dropped 0.5% during mid-day trading on Wednesday . The stock traded as low as $25.60 and last traded at $25.60. Approximately 7,336 shares changed 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 Price Performance

The business has a 50-day moving average of $25.85 and a 200 day moving average of $25.79.

Capital Southwest Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be given a dividend of $0.4844 per share. This is an increase from Capital Southwest’s previous quarterly dividend of $0.48. This represents a $1.94 dividend on an annualized basis and a dividend yield of 7.57%. The ex-dividend date of this dividend is Tuesday, October 15th.

About Capital Southwest

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.