BlackRock TCP Capital (TCPC) Tops Q1 EPS by 1c

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BlackRock TCP Capital Corp. Announces First Quarter 2019 Earnings Per Share Of $0.41, Including Net Investment Income Of $0.40 Per Share; 28 Consecutive Quarters Of Dividend Coverage

May 8, 2019 8:10 AM EDT

SANTA MONICA, Calif., May 8, 2019 /PRNewswire/ -- BlackRock TCP Capital Corp. ("we," "us," "our," "TCPC" or the "Company"), a business development company (NASDAQ: TCPC), today announced its financial results for the first quarter ended March 31, 2019 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, 2019 was $23.3 million, or $0.40 per share on a diluted basis, exceeding the dividend of $0.36 per share. Net increase in net assets resulting from operations for the quarter ended March 31, 2019... More