---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-017485"
form_type: "8-K"
ticker: "TCPC"
cik: "0001370755"
company_name: "BlackRock TCP Capital Corp."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T21:21:00.061830+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BlackRock TCP Capital Q1 NII $0.44/share; raises dividend 6.3% to $0.34/share

## Summary
- NII of $0.44/share exceeded $0.32 dividend paid in Q1; NAV per share rose to $13.00 from $12.93.
- Total investment income $50.3M; net increase in net assets from operations $22.7M ($0.39/share).
- Board declared Q2 dividend $0.34/share, up 6.3% from prior quarter; payable June 30, record June 16.
- Portfolio: 143 companies, $1.7B fair value, 93.8% floating rate debt; only 0.3% on non-accrual at fair value.
- Available liquidity $306.8M; Fitch reaffirmed investment-grade rating.

## SEC filing metadata
- accession: 0000950170-23-017485
- form_type: 8-K
- ticker: TCPC
- cik: 0001370755
- company_name: BlackRock TCP Capital Corp.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1370755/000095017023017485/0000950170-23-017485-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1370755/000095017023017485/tcpc-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-017485
- JSON: https://secwatch.observer/filing/0000950170-23-017485.json
- Plain text: https://secwatch.observer/filing/0000950170-23-017485.txt

## Key facts
- Earnings Releases
  BlackRock TCP Capital Corp. reported first quarter ended March 31, 2023 results: revenue total investment income of approximately $50.3 million, net income $25.4 million, EPS $0.44 per share.
  - Period: first quarter ended March 31, 2023
  - Revenue: total investment income of approximately $50.3 million
  - Net income: $25.4 million
  - EPS: $0.44 per share
  - Result: reported results
  source text: $12.93 per share, respectively, as of December 31, 2022. CONSOLIDATED RESULTS OF OPERATIONS Total investment income for the three months ended March 31, 2023 was approximately $50.3 million, or $0.87 per share. Investment income for the three months ended March 31, 2023 included $0.01 per share from prepayment premiums and related accelerated original issue discount
  evidence_url: https://www.sec.gov/Archives/edgar/data/1370755/000095017023017485/0000950170-23-017485-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.