BlackRock TCP Capital (TCPC) Tops Q2 EPS by 5c

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BlackRock TCP Capital Corp. Announces Second Quarter 2022 Financial Results Including Net Investment Income of $0.37 Per Share; Declares Third Quarter 2022 Dividend of $0.30 Per Share; 41 Consecutive

August 3, 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 second quarter ended June 30, 2022 and filed its Form 10-Q with the U.S. Securities and Exchange Commission.

FINANCIAL HIGHLIGHTS

Net investment income for the quarter ended June 30, 2022 was $21.3 million, or $0.37 per share on a diluted basis, which exceeded the dividend of $0.30 per share paid on June 30, 2022. Net increase/(decrease) in net assets from operations for the quarter ended... More