BlackRock TCP Capital (TCPC) Reports In-Line Q3 EPS

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BlackRock TCP Capital Corp. Announces Third Quarter 2021 Financial Results Including Net Investment Income of $0.32 Per Share; Declares Fourth Quarter Dividend of $0.30 Per Share; 38 Consecutive Quart

November 3, 2021 8:05 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 third quarter ended September 30, 2021 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, 2021 was $18.7 million, or $0.32 per share on a diluted basis, which exceeded the dividend of $0.30 per share paid on September 30, 2021. Net increase in net assets from operations for the quarter ended September 30, 2021 was $10.9 million,... More