secwatch.observer — SEC 8-K summary
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Issuer:     BlackRock TCP Capital Corp. (TCPC)
CIK:        0001370755
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0000950170-23-037603
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1370755/000095017023037603/0000950170-23-037603-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1370755/000095017023037603/tcpc-20230803.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-037603

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