Loading...
•
Jun 30, 2022
BlackRock TCP Q2 2022 Earnings Report
BlackRock TCP Capital Corp.'s financial results for the second quarter ended June 30, 2022 were announced, featuring a net investment income of $0.37 per share and the declaration of a third quarter dividend of $0.30 per share, marking 41 consecutive quarters of dividend coverage.
Key Takeaways
BlackRock TCP Capital Corp. reported a net investment income of $21.3 million, or $0.37 per share, for the quarter ended June 30, 2022. The company's investment portfolio consisted of debt and equity positions in 122 portfolio companies with a total fair value of approximately $1.8 billion.
Net investment income for the quarter ended June 30, 2022 was $21.3 million, or $0.37 per share on a diluted basis.
Net asset value per share was $13.97 at June 30, 2022.
Total acquisitions during the quarter ended June 30, 2022 were $102.7 million and total dispositions were $82.2 million.
The credit quality of our portfolio remains strong, and no non-accruals were added during the second quarter.
Forward Guidance
The company expects to continue to invest in senior secured loans, bonds and subordinated debt, as well as select equity investments, to obtain a high level of current income, with an emphasis on principal protection.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...