BlackRock TCP Capital (TCPC) Tops Q1 EPS by 3c
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Blackrock TCP Capital Corp. Announces First Quarter 2023 Financial Results Including Net Investment Income of $0.44 Per Share; Increases Second Quarter 2023 Dividend by 6.3% to $0.34 Per Share; 11 Yea
May 4, 2023 8:05 AM EDTSANTA 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, 2023 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, 2023 was $25.4 million, or $0.44 per share on a diluted basis, which exceeded the dividend of $0.32 per share paid on March 31, 2023. Net asset value per share was $13.00 at March 31, 2023 compared to $12.93 at December 31, 2022, an... More