BlackRock Capital Investment Corporation (BKCC) Misses Q2 EPS by 11c

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BlackRock Capital Investment Corporation Reports Financial Results for the Quarter Ended June 30, 2018, Declares Quarterly Distribution of $0.18 per Share

August 1, 2018 4:02 PM EDT

GAAP Net Investment Income (NII) of $0.16 per share providing second quarter distribution coverage of 90% Net Asset Value (NAV) per share declined 1.2% or $0.09 per share to $7.56 per share on a quarter-over-quarter basis primarily due to increase in net unrealized and realized depreciation on legacy assets Under our existing share repurchase program, we repurchased 1,268,684 shares of common stock for $7.9 million, including brokerage commissions, via open market purchases in the second quarter Net leverage of 0.43x was down, reflecting an increase in prepayment activity. Total liquidity for portfolio company investments, including... More