BlackRock TCP Capital (TCPC) Tops Q4 EPS by 13c

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Go back to BlackRock TCP Capital (TCPC) Tops Q4 EPS by 13c

BlackRock TCP Capital Corp. Announces 2019 Financial Results Including Fourth Quarter Net Investment Income Of $0.38 Per Share; 31 Consecutive Quarters Of Dividend Coverage

February 26, 2020 8:05 AM EST

SANTA MONICA, Calif., Feb. 26, 2020 /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 fourth quarter and year ended December 31, 2019 and filed its Form 10-K with the U.S. Securities and Exchange Commission.

FINANCIAL HIGHLIGHTS

Net investment income for the quarter ended December 31, 2019 was $22.4 million, or $0.38 per share on a diluted basis, exceeding the dividend of $0.36 per share. Net decrease in net assets resulting from operations for the quarter ended... More