BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, debt securities, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments. It typically invests in communication services, public relations services, television, wireless telecommunication services, apparel, textile mills, restaurants, retailing, energy, oil and gas extraction, Patent owners and Lessors, Federal and Federally- Sponsored Credit agencies, insurance, hospital and healthcare centers, Biotechnology, engineering services, heavy electrical equipment, tax accounting, scientific and related consulting services, charter freight air transportation, Information technology consulting, application hosting services, software diagram and design, computer aided design, communication equipment, electronics manufacturing equipment, computer components, chemicals. It seeks to invest in the United States. The fund typically invests between $10 million and $35 million in companies with enterprise values between $100 million and $1500 million including complex situations. It prefers to make equity investments in companies for an ownership stake.
BlackRock TCP Capital Dividend Announcement
• BlackRock TCP Capital announced a quarterly dividend of $0.34 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-16
• BlackRock TCP Capital annual dividend for 2024 was $1.02
• BlackRock TCP Capital annual dividend for 2023 was $1.69
• BlackRock TCP Capital's trailing twelve-month (TTM) dividend yield is 24.97%
• BlackRock TCP Capital's payout ratio for the trailing twelve months (TTM) is -247.27%
• BlackRock TCP Capital's dividend growth over the last five years (2018-2023) was 3.25% year
• BlackRock TCP Capital's dividend growth over the last ten years (2013-2023) was 1.34% year
BlackRock TCP Capital Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-16 | $0.34 | quarterly | 2024-09-30 |
2024-06-14 | $0.34 | quarterly | 2024-06-28 |
2024-03-13 | $0.34 | quarterly | 2024-03-29 |
2023-12-14 | $0.59 | quarterly | 2023-12-29 |
2023-09-14 | $0.44 | quarterly | 2023-09-29 |
2023-06-15 | $0.34 | quarterly | 2023-06-30 |
2023-03-16 | $0.32 | quarterly | 2023-03-31 |
2022-12-28 | $0.05 | quarterly | 2023-01-12 |
2022-12-15 | $0.32 | quarterly | 2022-12-30 |
2022-09-15 | $0.30 | quarterly | 2022-09-30 |
2022-06-15 | $0.30 | quarterly | 2022-06-30 |
2022-03-16 | $0.30 | quarterly | 2022-03-31 |
2021-12-16 | $0.30 | quarterly | 2021-12-31 |
2021-09-15 | $0.30 | quarterly | 2021-09-30 |
2021-06-15 | $0.30 | quarterly | 2021-06-30 |
2021-03-16 | $0.30 | quarterly | 2021-03-31 |
2020-12-16 | $0.30 | quarterly | 2020-12-31 |
2020-09-15 | $0.30 | quarterly | 2020-09-30 |
2020-06-15 | $0.36 | quarterly | 2020-06-30 |
2020-03-16 | $0.36 | quarterly | 2020-03-31 |
2019-12-16 | $0.36 | quarterly | 2019-12-31 |
2019-09-13 | $0.36 | quarterly | 2019-09-30 |
2019-06-13 | $0.36 | quarterly | 2019-06-28 |
2019-03-14 | $0.36 | quarterly | 2019-03-29 |
2018-12-14 | $0.36 | quarterly | 2018-12-31 |
2018-09-13 | $0.36 | quarterly | 2018-09-28 |
2018-06-14 | $0.36 | quarterly | 2018-06-29 |
2018-03-15 | $0.36 | quarterly | 2018-03-30 |
2017-12-14 | $0.36 | quarterly | 2017-12-29 |
2017-09-14 | $0.36 | quarterly | 2017-09-29 |
2017-06-14 | $0.36 | quarterly | 2017-06-30 |
2017-03-15 | $0.36 | quarterly | 2017-03-31 |
2016-12-14 | $0.36 | quarterly | 2016-12-30 |
2016-09-14 | $0.36 | quarterly | 2016-09-30 |
2016-06-14 | $0.36 | quarterly | 2016-06-30 |
2016-03-15 | $0.36 | quarterly | 2016-03-31 |
2015-12-15 | $0.36 | quarterly | 2015-12-31 |
2015-09-14 | $0.36 | quarterly | 2015-09-30 |
2015-06-12 | $0.36 | quarterly | 2015-06-30 |
2015-03-17 | $0.36 | quarterly | 2015-03-31 |
2014-12-04 | $0.41 | quarterly | 2014-12-31 |
2014-09-12 | $0.36 | quarterly | 2014-09-30 |
2014-06-16 | $0.41 | quarterly | 2014-06-30 |
2014-03-13 | $0.36 | quarterly | 2014-03-31 |
2013-12-06 | $0.41 | quarterly | 2013-12-31 |
2013-09-05 | $0.36 | quarterly | 2013-09-30 |
2013-06-05 | $0.36 | quarterly | 2013-06-28 |
2013-03-14 | $0.35 | quarterly | 2013-03-29 |
BlackRock TCP Capital Dividend per year
BlackRock TCP Capital Dividend growth
BlackRock TCP Capital Dividend Yield
BlackRock TCP Capital current trailing twelve-month (TTM) dividend yield is 24.97%. Interested in purchasing BlackRock TCP Capital stock? Use our calculator to estimate your expected dividend yield:
BlackRock TCP Capital Financial Ratios
BlackRock TCP Capital Dividend FAQ
Other factors to consider when evaluating BlackRock TCP Capital as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: BlackRock TCP Capital's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, BlackRock TCP Capital publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, BlackRock TCP Capital distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from BlackRock TCP Capital are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: BlackRock TCP Capital sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, BlackRock TCP Capital distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: BlackRock TCP Capital declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of BlackRock TCP Capital's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review BlackRock TCP Capital's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.