BlackRock TCP Capital (TCPC) Tops Q2 EPS by 5c
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BlackRock TCP Capital Corp. Announces Second Quarter 2023 Financial Results Including Net Investment Income of $0.48 Per Share; Declares Third Quarter Dividend of $0.34 Per Share and a Special Dividen
August 3, 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 second quarter ended June 30, 2023 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, 2023 was $27.6 million, or $0.48 per share on a diluted basis, which exceeded the dividend of $0.34 per share paid on June 30, 2023. This represents 45 consecutive quarters of dividend coverage. Net asset value per share was $12.94 at June 30,... More