BlackRock TCP Capital (TCPC) Reports In-Line Q1 EPS

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BlackRock TCP Capital Corp. Announces First Quarter 2021 Financial Results Including Net Investment Income of $0.32 Per Share; Declares Second Quarter Dividend of $0.30 Per Share; 36 Consecutive Quart

May 5, 2021 7:50 AM EDT

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 first quarter ended March 31, 2021 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, 2021 was $18.4 million, or $0.32 per share on a diluted basis, which exceeded the dividend of $0.30 per share paid on March 31, 2021. Net increase in net assets from operations for the quarter ended... More