TCP Capital (TCPC) Declares $0.36 Quarterly Dividend; 8.9% Yield
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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 EDTSANTA 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... MoreTCP Capital Corp. Announces $50 Million Stock Repurchase Plan
March 10, 2015 8:45 AM EDTSANTA MONICA, Calif., March 10, 2015 /PRNewswire/ --Â TCP Capital Corp. ("we," "us," "our," "TCPC" or the "Company"), a business development company ("BDC") (NASDAQ: TCPC), today announced that its board of directors has approved a stock repurchase plan (the "Company Repurchase Plan") to acquire up to $50 million in the aggregate of TCPC's common stock at certain thresholds below TCPC's net asset value per share over a specified period, in accordance with the guidelines specified in Rule 10b-18 and Rule 10b5-1 of the Securities Exchange Act of 1934.... More
