BlackRock TCP Capital (TCPC) Tops Q4 EPS by 1c
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BlackRock TCP Capital Corp. Announces 2022 Financial Results Including Fourth Quarter Net Investment Income of $0.40 Per Share; Declares First Quarter 2023 Dividend of $0.32 Per Share; 43 Consecutive
February 28, 2023 8:00 AM ESTSANTA 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 fourth quarter and year ended December 31, 2022 and filed its Form 10-K with the U.S. Securities and Exchange Commission.
FINANCIAL HIGHLIGHTS
Net investment income for the quarter ended December 31, 2022 was $23.0 million, or $0.40 per share on a diluted basis, which exceeded the dividend of $0.32 per share paid on December 30, 2022. Net asset value per share was $12.93 at December 31, 2022 compared to $14.12 at September 30, 2022... More