Jack D. Furst Acquires 9,000 Shares of Capital Southwest Corp. (CSWC) Stock
Capital Southwest Corp. (NASDAQ:CSWC) Director Jack D. Furst purchased 9,000 shares of the stock in a transaction dated Thursday, September 15th. The stock was purchased at an average price of $14.90 per share, with a total value of $134,100.00. Following the completion of the acquisition, the director now directly owns 10,800 shares in the company, valued at approximately $160,920. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of Capital Southwest Corp. (NASDAQ:CSWC) opened at 14.83 on Tuesday. Capital Southwest Corp. has a one year low of $13.19 and a one year high of $48.47. The stock has a 50 day moving average price of $14.74 and a 200-day moving average price of $14.17. The company’s market capitalization is $233.10 million.
The company also recently announced a quarterly dividend, which will be paid on Saturday, October 1st. Shareholders of record on Thursday, September 15th will be paid a $0.11 dividend. The ex-dividend date is Tuesday, September 13th. This represents a $0.44 dividend on an annualized basis and a yield of 2.97%. This is an increase from Capital Southwest Corp.’s previous quarterly dividend of $0.06.
About Capital Southwest Corp.
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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