TCP Capital (TCPC) Declares $0.36 Quarterly Dividend; 9.8% Yield
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TCP Capital Corp. Announces First Quarter 2016 Financial Results; Net Investment Income Of $0.38 Per Share; Board Declares Second Quarter Dividend Of $0.36 Per Share
May 10, 2016 8:30 AM EDTSANTA MONICA, Calif., May 10, 2016 /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, 2016 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, 2016 was $18.3 million, or $0.38 per share on a diluted basis, net of $0.09 per share in incentive compensation. Net... More