Welcome to our dedicated page for Blackrock Tcp Capital news (Ticker: TCPC), a resource for investors and traders seeking the latest updates and insights on Blackrock Tcp Capital stock.
BlackRock TCP Capital Corp. (NASDAQ: TCPC) is a specialty finance company and business development company focused on direct lending to middle-market companies and small businesses. Its news flow centers on quarterly and annual financial results, portfolio developments and capital management decisions that are relevant for investors tracking TCPC stock.
Regular earnings announcements detail net investment income, net realized and unrealized gains or losses, and changes in net asset value. These releases also describe portfolio composition, including the share of senior secured and first-lien loans, the proportion of floating-rate debt, and the level of non-accrual investments. Management commentary often addresses credit performance, efforts to resolve challenged positions, and progress toward portfolio quality objectives.
TCPC’s news also highlights dividend declarations, including regular quarterly dividends and, at times, special dividends, along with record and payment dates. Updates on leverage, liquidity, and available capacity under credit facilities provide additional context for the company’s ability to originate new investments and manage its balance sheet.
Investors following TCPC can also find regulatory and corporate updates in its news, such as information furnished through Form 8-K about financial results, amendments to loan and servicing agreements, shareholder approvals, and changes in key roles like the chief compliance officer. Disclosures relating to the merger with BlackRock Capital Investment Corporation and the acquisition by BlackRock of the business and assets of HPS Investment Partners also appear in company communications.
For anyone researching TCPC news, this page offers a centralized view of the company’s public announcements, from financial performance and portfolio activity to governance and capital structure developments.
BlackRock TCP Capital Corp. (NASDAQ: TCPC) has announced the upcoming release of its financial results for the fourth quarter and fiscal year ended December 31, 2020. The announcement is scheduled for February 25, 2021, before market opening. Alongside, a conference call will be held at 1:00 p.m. ET to discuss these results, accessible via phone and webcast. Interested participants can dial (866) 393-0571 for U.S. calls or (206) 453-2872 for international calls, entering Conference ID 9091365.
BlackRock TCP Capital Corp. (TCPC) announced its Q3 2020 financial results, reporting a net investment income of $20.1 million, or $0.35 per share. The company's net asset value (NAV) per share increased to $12.71, up 4.1% from the previous quarter. Total debt positions constituted 92% of the $1.6 billion investment portfolio, with a weighted average effective yield of 10.0%. The company declared a fourth-quarter dividend of $0.30 per share, payable on December 31, 2020. Total operating expenses were $22.7 million.
BlackRock TCP Capital Corp. (NASDAQ: TCPC) has rescheduled its third-quarter financial results call for the period ending September 30, 2020. The results will now be reported on November 2, 2020, after market close, moved from the previously set date of November 5. The company will host a conference call that same day at 5:00 p.m. Eastern Time to discuss its financial outlook. Interested parties can join the call or access a replay through the investor relations section of TCPC’s website.
BlackRock TCP Capital Corp. (NASDAQ: TCPC) will report its third-quarter financial results for the period ending September 30, 2020, on November 5, 2020, before market opening. A conference call to discuss these results is scheduled for the same day at 12:00 p.m. Eastern Time. Interested parties can participate via phone or webcast. TCPC focuses on direct lending to middle-market companies and aims to achieve high total returns by balancing current income and capital appreciation. Further details are available on the company's website.