earnings
confidence high
sentiment positive
materiality 0.65
Capital Southwest Q4 pre-tax NII $35.2M ($0.59/sh); portfolio grows to $2.1B
CAPITAL SOUTHWEST CORP
- Pre-tax NII $35.2M ($0.59/sh) vs $34.6M prior qtr; total investment income $57.8M.
- Portfolio fair value $2.1B, up 17% YoY; 99% 1st lien senior secured; non-accruals 1.1%.
- Q4 dividends: $0.58 regular + $0.06 supplemental = $0.64/sh; regular dividend declared for June qtr.
- NAV $16.69/sh vs $16.75 prior qtr; net realized/unrealized loss $7.1M.
- Post-qtr: CapTrin JV closed $150M revolver, accordion to $350M; SBIC II leverage commitment $90M.