Clear Street Upgrades Capital Southwest to Buy Following Strong Q3 Results

Capital Southwest Corporation (NASDAQ:CSWC) has been upgraded to Buy by Clear Street after strong Q3 results. The company demonstrated resilient earnings capacity and disciplined underwriting approach, comfortably covering its regular dividend through net interest income. Q3 results included $44.8 million in gains from equity exits, driving an increase in undistributed taxable income per share. The board approved regular monthly dividends totaling $0.58 per share and a supplemental dividend of $0.06 per share. The company also raised around $40 million in equity through its at-the-market program.