Capital Southwest reported first quarter fiscal year 2027 total investment income of $61.0 million, slightly ahead of analyst expectations. The company's Net Investment Income (NII) of $0.58 per share exactly covered its regular quarterly dividend, a key focus for investors, though it did not cover the additional $0.06 supplemental dividend. The company's Net Asset Value (NAV) per share decreased slightly to $16.61 from $16.69 sequentially.
Key Highlights
- Net Investment Income (NII) was $0.58 per share, which fully covered the regular quarterly dividend of $0.58 per share.
- The company originated $222.3 million in new commitments during the quarter, growing the total investment portfolio to $2.2 billion at fair value.
- Total investment income increased 5.5% quarter-over-quarter to $61.0 million, driven by an increase in the size of the investment portfolio.