---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-068256"
form_type: "8-K"
ticker: "BCIC"
cik: "0001372807"
company_name: "BCP Investment Corp"
filed_at: "2024-03-15T23:59:59+00:00"
generated_at: "2026-06-04T16:55:22.728986+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Portman Ridge Q4/FY 2023 NII $3.66/share; dividend raised to $0.69; new $10M buyback; CFO transition

## Summary
- Full-year 2023 total investment income $76.3M (+9.6% YoY); NII $34.8M ($3.66/share) vs $28.9M ($3.00/share) in 2022.
- Q4 2023 NII $11.2M ($1.19/share) vs $7.1M ($0.74/share) Q4 2022; included $5.3M expense reimbursement from adviser.
- NAV $213.5M ($22.76/share) at Dec 31, 2023, down from $232.1M ($24.23/share) a year ago but up from $214.8M Q3 2023.
- Declared Q1 2024 dividend of $0.69/share, +$0.01 from Q1 2023. New $10M stock repurchase program through March 31, 2025.
- Brandon Satoren appointed CFO/Secretary/Treasurer effective April 1, 2024; Jason Roos resigns, remains as advisor.

## SEC filing metadata
- accession: 0001193125-24-068256
- form_type: 8-K
- ticker: BCIC
- cik: 0001372807
- company_name: BCP Investment Corp
- filed_at: 2024-03-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1372807/000119312524068256/0001193125-24-068256-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1372807/000119312524068256/d803592d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-068256
- JSON: https://secwatch.observer/filing/0001193125-24-068256.json
- Plain text: https://secwatch.observer/filing/0001193125-24-068256.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.