BlackRock TCP Capital Q3 NII $0.49/shr, declares $0.34+$0.25 dividend

BlackRock TCP Capital Corp.

2023-Q3 EPS reported $0.90

Q3 net investment income $28.3M ($0.49/shr) exceeded the $0.34 regular quarterly dividend.
NAV per share $12.72 vs $12.94 at June 30; net assets from operations $12.8M ($0.22/shr).
Board declared Q4 regular dividend $0.34/shr and special dividend $0.25/shr, both payable Dec 29.
Merger with BCIC expected Q1 2024; base management fee to drop from 1.50% to 1.25% upon closing.
Portfolio: $1.6B fair value, 88.7% senior secured, 94.9% floating rate; non-accruals at 1.1% 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 0.85

BlackRock TCP Capital Corp. reported financial results for the third quarter ended September 30, 2023.

Period: the third quarter ended September 30, 2023
Result: reported results

Exact text from the filing

On November 2, 2023, the registrant issued a press release announcing its financial results for the third quarter ended September 30, 2023.

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BlackRock TCP Capital Corp. filing history →

Source: SEC EDGAR

accession 0000950170-23-057756

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