TCP Capital (TCPC) Tops Q4 EPS by 1c, Announces $50 Million Buyback

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TCP Capital Corp. Announces 2014 Financial Results; Fourth Quarter Net Investment Income Before Taxes Of $0.40 Per Share; Board Declares First Quarter Dividend Of $0.36 Per Share And Approves A Stock

March 10, 2015 8:45 AM EDT

SANTA MONICA, Calif., March 10, 2015 /PRNewswire/ -- TCP Capital Corp. ("we," "us," "our," "TCPC" or the "Company"), a business development company ("BDC") (NASDAQ: TCPC), today announced its financial results for the fourth quarter and year ended December 31, 2014 and filed its annual report on Form 10-K with the U.S. Securities and Exchange Commission.

FINANCIAL HIGHLIGHTS

Net investment income before taxes for the quarter ended December 31, 2014 was $18.0 million, or $0.40 per share on a diluted basis, after preferred... More