Capital Southwest Corporation (CSWC) Major Shareholder Sells $91,442.40 in Stock
Capital Southwest Corporation (NASDAQ:CSWC) major shareholder Moab Capital Partners Llc sold 5,443 shares of the company’s stock in a transaction on Friday, January 6th. The stock was sold at an average price of $16.80, for a total transaction of $91,442.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Moab Capital Partners Llc also recently made the following trade(s):
- On Wednesday, January 4th, Moab Capital Partners Llc sold 23,718 shares of Capital Southwest Corporation stock. The stock was sold at an average price of $16.74, for a total transaction of $397,039.32.
Capital Southwest Corporation (NASDAQ:CSWC) opened at 16.48 on Friday. The firm has a market capitalization of $260.58 million, a price-to-earnings ratio of 23.58 and a beta of -0.37. Capital Southwest Corporation has a 52 week low of $13.19 and a 52 week high of $16.86. The company has a 50-day moving average of $15.79 and a 200-day moving average of $14.79.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 3rd. Stockholders of record on Thursday, December 15th were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Tuesday, December 13th. This represents a $0.68 annualized dividend and a dividend yield of 4.13%. This is an increase from Capital Southwest Corporation’s previous quarterly dividend of $0.11. Capital Southwest Corporation’s dividend payout ratio (DPR) is presently 97.14%.
Separately, TheStreet raised shares of Capital Southwest Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, November 8th.
Capital Southwest Corporation Company Profile
Capital Southwest Corporation is an investment company that specializes in providing customized financing to middle market companies in a range of industry segments located primarily in the United States. The Company is a specialty lending company. Its principal investment objective is to produce risk-adjusted returns by generating current income from debt investments and capital appreciation from its equity and equity related investments.
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