yields 11%+ with monthly dividends and a steady 6-cent bonus.
CSWC’s over-5-years premium plus an 11%+ monthly dividend and unchanged 6-cent bonus supports dividend stability despite earnings pressure.
CSWC is positioned as stronger because it still yields over 11% while paying monthly and has not cut its dividend even as sector earnings fall. A 6-cent bonus dividend that hasn’t declined nearly 4 years, plus non-accruals at 1.1% and 109% dividend coverage, is used to argue the distribution is well protected.