BlackRock TCP Capital (TCPC) Misses Q3 EPS by 9c

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BlackRock TCP Capital Corp. Announces Third Quarter 2019 Financial Results Including Net Investment Income Of $0.43 Per Share; 30 Consecutive Quarters Of Dividend Coverage

November 6, 2019 8:05 AM EST

SANTA MONICA, Calif., Nov. 6, 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 third quarter ended September 30, 2019 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, 2019 was $25.3 million, or $0.43 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 September 30, 2019 was... More