Capital Southwest Announces U.S. Federal Income Tax Treatment of 2024 Dividends

Core Viewpoint - Capital Southwest Corporation announced the U.S. federal income tax treatment of its 2024 dividends, which totaled $2.53 per share, entirely classified as ordinary income, including net short-term capital gains [2][3]. Dividend Tax Treatment - The total dividends of $2.53 per share for the tax year ended December 31, 2024, are 100% ordinary income [2][3]. - The dividends are classified as follows: - Payment dates include March 15, June 14, September 13, and December 13, 2024, with respective dividends of $0.6300, $0.6300, $0.6400, and $0.6300 per share [3]. - Approximately 92.89% of the dividends are classified as interest-related and short-term capital gains dividends, which are exempt from U.S. withholding tax for Non-U.S. Shareholders [5][7]. Company Overview - Capital Southwest Corporation is a Dallas-based business development company with approximately $1.5 billion in investments at fair value as of September 30, 2024 [9]. - The company focuses on providing financing solutions for middle market businesses, making investments ranging from $5 million to $50 million across various capital structures [9].