5 Best Dividend Stocks with Over 8% Yield You Can Buy in September

3. Capital Southwest Corporation (NASDAQ:CSWC)

Dividend Yield as of September 8: 10.58%

Capital Southwest Corporation (NASDAQ:CSWC) is an internally-managed business development company that provides capital to middle-market companies. The company’s dividend history remained stable over the years as it paid many smaller supplemental dividends along with its regular payouts. The company pays a quarterly dividend of $0.48 per share and also announced a supplemental dividend of $0.15 per share in April. This top high dividend stock’s yield came in at 10.58% on September 8.

On August 1, Capital Southwest Corporation (NASDAQ:CSWC) announced its fiscal Q1 2023 earnings. The company’s total investment income for the quarter was recorded at $22.5 million, which showed a 21.3% year-over-year growth. Its total investment portfolio was valued at $1 billion and its equity portfolio had a value of $89.5 million. It ended the quarter with $18.8 million in cash and cash equivalents, up from $11.4 million in the previous quarter.

The number of hedge funds tracked by Insider Monkey owning stakes in Capital Southwest Corporation (NASDAQ:CSWC) stood at 9 in Q2 2022, the same as in the previous quarter. These stakes have nearly doubled in their value at $34 million, compared with $17.7 million worth of stakes owned by hedge funds in the preceding quarter.