Capital Southwest Corp. recently reported a net asset value of $456.4 million, or $121.99 per share, as of the end of 2009. This was a small decline from the $477.7 million, or $127.68 per share, reported at the end of 2008.
Capital Southwest Corporation recently declared a dividend of $0.40 per share, bringing its payout for 2009 to $0.80 per share. In December 2008, Capital Southwest Corporation paid a special dividend of $2.16 per share to its shareholders.
Capital Southwest Corporation is a business development company (BDC) headquartered in Dallas, Texas. The company holds equity investments in nearly 50 private and publicly traded companies.
Capital Southwest Corporation looks for profitable and fast growing domestic companies with good management teams that are looking for equity investments of between $3 and $10 million. The company avoids investments in real estate, oil and gas development or turnaround situations. Capital Southwest Corporation is notable for having a high insider ownership, with management owning 27% of the company’s outstanding shares.
The largest holdings in its portfolio include the RectorSeal Corporation, Lifemark Group and Encore Wire, which comprised 61% of its portfolio holdings.