TCP Capital (TCPC) Reports In-Line Q1 EPS

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TCP Capital Corp. Announces First Quarter 2017 Financial Results Including Net Investment Income Of $0.38 Per Share; Second Quarter Dividend Of $0.36 Per Share

May 9, 2017 8:30 AM EDT

SANTA MONICA, Calif., May 9, 2017 /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, 2017 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, 2017 was $19.9 million, or $0.38 per share on a diluted basis, net of $0.09 per share in incentive compensation. Net... More