BlackRock TCP Capital (TCPC) Declares $0.30 Quarterly Dividend; 12.7% Yield

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BlackRock TCP Capital Corp. Announces Third Quarter 2020 Financial Results Including Net Investment Income of $0.35 Per Share; Declares Fourth Quarter Dividend of $0.30 Per Share

November 2, 2020 4:05 PM EST

SANTA 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 third quarter ended September 30, 2020 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, 2020 was $20.1 million, or $0.35 per share on a diluted basis, compared with the dividend of $0.30 per share paid on September 30, 2020. Net increase in net assets from operations for the quarter... More