BlackRock TCP Capital Corp. reported a net investment income of $28.3 million, or $0.46 per share, for the quarter ended March 31, 2024. The company completed its acquisition of BlackRock Capital Investment Corporation on March 18, 2024. Total acquisitions during the quarter were approximately $607.0 million, including $587.0 million of investments acquired as a result of the Merger.
Net investment income for the quarter ended March 31, 2024 was $28.3 million, or $0.46 per share on a diluted basis.
Adjusted net investment income for the quarter ended March 31, 2024 was $27.7 million, or $0.45 per share on a diluted basis, excluding amortization of purchase discount recorded in connection with the Merger.
Net asset value per share was $11.14 at March 31, 2024, compared to $11.90 at December 31, 2023.
Total acquisitions during the quarter ended March 31, 2024 were approximately $607.0 million, including $587.0 million of investments acquired as a result of the Merger.
BlackRock TCP Capital Corp. Board of Directors declared a second quarter dividend of $0.34 per share, payable on June 28, 2024, to stockholders of record as of June 14, 2024.
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