BlackRock TCP Capital (TCPC) Tops Q3 EPS by 2c

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Go back to BlackRock TCP Capital (TCPC) Tops Q3 EPS by 2c

BlackRock TCP Capital Corp. Announces Third Quarter 2023 Financial Results Including Net Investment Income of $0.49 Per Share; Declares Fourth Quarter Dividend of $0.34 Per Share and a Special Dividen

November 2, 2023 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 third quarter ended September 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 September 30, 2023 was $28.3 million, or $0.49 per share on a diluted basis, which exceeded the regular quarterly dividend of $0.34 per share paid on September 29, 2023. This represents 46 consecutive quarters of dividend coverage. Net asset value per share was $12.72 at... More