secwatch.observer — SEC 8-K summary
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Issuer:     BCP Investment Corp (BCIC)
CIK:        0001372807
Form:       8-K
Filed at:   2023-05-15T23:59:59+00:00
Accession:  0001193125-23-145152
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Portman Ridge Q1 NII $0.89/shr, up from $0.74; dividend raised to $0.69
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- NII of $8.5M ($0.89/shr) vs $7.1M ($0.74) in Q4 2022 and $7.9M ($0.82) a year ago.
- Total investment income $20.3M, up 9% QoQ and 20% YoY; core investment income $19.3M.
- NAV per share fell to $23.56 from $24.23 at Dec 31, 2022 due to net unrealized losses.
- Quarterly distribution raised to $0.69/shr for Q2 2023, third consecutive increase.
- Repurchased 35,613 shares for $0.8M in Q1 2023 under renewed buyback program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1372807/000119312523145152/0001193125-23-145152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1372807/000119312523145152/d458276d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-145152

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