TCP Capital (TCPC) Tops Q3 EPS by 2c

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Go back to TCP Capital (TCPC) Tops Q3 EPS by 2c

BlackRock TCP Capital Corp. Announces Third Quarter 2018 Financial Results Including Net Investment Income Of $0.42 Per Share; Fourth Quarter Dividend Of $0.36 Per Share

November 8, 2018 8:01 AM EST

SANTA MONICA, Calif., Nov. 8, 2018 /PRNewswire/ -- BlackRock TCP Capital Corp. ("we," "us," "our," "TCPC" or the "Company"), formerly known as TCP Capital Corp., a business development company ("BDC") (NASDAQ: TCPC), today announced its financial results for the third quarter ended September 30, 2018 and filed its Form 10-Q with the U.S. Securities and Exchange Commission.

FINANCIAL HIGHLIGHTS

Net investment income for the quarter ended September 30, 2018 was $24.5 million, or $0.42 per share on a diluted basis, exceeding the dividend of $0.36 per share. Net increase in net assets resulting... More