BlackRock TCP Capital (TCPC) Tops Q1 EPS by 3c

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Go back to BlackRock TCP Capital (TCPC) Tops Q1 EPS by 3c

BlackRock TCP Capital Corp. Announces First Quarter 2022 Financial Results Including Net Investment Income of $0.34 Per Share; Declares Second Quarter 2022 Dividend of $0.30 Per Share; 10 Years of Con

May 4, 2022 8:00 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, 2022 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, 2022 was $19.8 million, or $0.34 per share on a diluted basis, which exceeded the dividend of $0.30 per share paid on March 31, 2022. Net increase in net assets from operations for the quarter ended March... More