BlackRock TCP Capital (TCPC) Tops Q1 EPS by 1c
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BlackRock TCP Capital Corp. Announces First Quarter 2020 Financial Results Including Net Investment Income of $0.38 Per Share; 32 Consecutive Quarters of Dividend Coverage
May 11, 2020 4:05 PM EDTSANTA MONICA, Calif.--(BUSINESS WIRE)-- 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, 2020 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, 2020 was $22.1 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 March 31, 2020 was $69.5 million,... More