TCP Capital (TCPC) Declares $0.36 Quarterly Dividend; 9.2% Yield

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TCP Capital Corp. Announces First Quarter 2015 Financial Results; Net Investment Income Of $0.37 Per Share; Board Declares Second Quarter Dividend Of $0.36 Per Share

May 7, 2015 8:45 AM EDT

SANTA MONICA, Calif., May 7, 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 first quarter ended March 31, 2015 and filed its Form 10-Q with the U.S. Securities and Exchange Commission.

FINANCIAL HIGHLIGHTS

Net investment income for the quarter ended March 31, 2015 was $18.1 million, or $0.37 per share on a diluted basis, after preferred dividends and $0.09 per share in incentive... More