secwatch.observer — SEC 8-K summary
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Issuer:     BlackRock TCP Capital Corp. (TCPC)
CIK:        0001370755
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0000950170-25-066428
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TCPC Q1 NII $0.38/sh beats dividend; non-accruals improve to 4.4%; declares $0.04 special
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- GAAP NII of $32.2M ($0.38/sh) exceeded combined regular ($0.25) and special ($0.04) dividends.
- Adjusted NII of $30.7M ($0.36/sh) excluding purchase discount amortization from BCIC merger.
- Net asset value per share $9.18, down from $9.23 at Dec 31, 2024.
- Non-accrual investments declined to 4.4% of portfolio at fair value from 5.6%.
- Q2 regular dividend $0.25/sh and special $0.04/sh payable June 30, 2025 to holders of record June 16.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1370755/000095017025066428/0000950170-25-066428-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1370755/000095017025066428/tcpc-20250508.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-066428

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer