TCPC Q2 NII $0.48/sh, declares Q3 $0.34 + special $0.10 dividend

BlackRock TCP Capital Corp.

2023-Q2 EPS reported $0.67

Q2 net investment income $27.6M ($0.48/sh) exceeding quarterly dividend of $0.34/sh.
NAV per share $12.94 vs $13.00 at March 31; total portfolio fair value ~$1.6B.
Board declared Q3 dividend $0.34/sh and special dividend $0.10/sh, payable Sept 29, record Sept 15.
Weighted average effective yield on debt portfolio 13.8% (up from 9.8% a year ago).
45 consecutive quarters of dividend coverage; only 2 debt investments on non-accrual (0.3% at fair value).

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BlackRock TCP Capital Corp. reported second quarter ended June 30, 2023 results: net income Net investment income for the quarter ended June 30, 2023 was $27.6 million, or $0.48 per share, EPS $0.48 per share.

Period: second quarter ended June 30, 2023
Net income: Net investment income for the quarter ended June 30, 2023 was $27.6 million, or $0.48 per share
EPS: $0.48 per share
Result: reported results

Exact text from the filing

On August 3, 2023, the registrant issued a press release announcing its financial results for the second quarter ended June 30, 2023.

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BlackRock TCP Capital Corp. filing history →

Source: SEC EDGAR

accession 0000950170-23-037603

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