Capital Southwest(US:CSWC)2024-02-21 18:33Financial Highlights - Capital Southwest declared a regular dividend of $0.57 per share and a supplemental dividend of $0.06 per share for the quarter ending March 31, 2024[8] - The company made $116.3 million in total new committed investments to four new and twelve existing portfolio companies[8] - Capital Southwest realized $79.0 million in total proceeds from debt prepayments and an equity exit, generating realized gains of $1.0 million with a weighted average IRR of 12.2%[8] - The company raised $66.5 million in gross proceeds through the Equity ATM Program during the quarter[8] - SBIC I received an additional leverage commitment of $45 million during the quarter[8] - For the twelve months ended December 31, 2023, Capital Southwest generated $2.71 per share in Pre-Tax NII and paid out $2.20 per share in regular dividends[10] Portfolio Composition and Performance - As of December 31, 2023, 97% of the credit portfolio was in first lien senior secured loans[28] - The investment portfolio at fair value increased to $1.37 billion from $1.35 billion in the prior quarter[22] - Net Asset Value (NAV) per share increased by 1.9% to $16.77 as of December 31, 2023, compared to $16.46 in the prior quarter[22] - The I-45 Senior Loan Fund (SLF) portfolio of $118 million is 95% first lien senior secured debt[38] Operating Metrics - Q3 2024 Pre-Tax Net Investment Income (NII) was $29.8 million, or $0.72 per share[22] - Regulatory Debt to Equity ended at 0.77x for the quarter[22]