BlackRock TCP Capital Corp. announced its financial results for the fourth quarter and year ended December 31, 2021. The company reported net investment income of $0.31 per share, which exceeded the dividend of $0.30 per share. Net increase in net assets from operations was $32.6 million, or $0.56 per share. The board of directors declared a first quarter dividend of $0.30 per share payable on March 31, 2022.
Net investment income for Q4 2021 was $17.6 million, or $0.31 per share, exceeding the dividend of $0.30 per share.
Net increase in net assets from operations for Q4 2021 was $32.6 million, or $0.56 per share.
Net asset value per share was $14.36 at December 31, 2021, an increase of 1.9% from the previous quarter.
Total acquisitions during Q4 2021 were $182.0 million and total dispositions were $115.0 million.
BlackRock TCP Capital Corp. did not provide specific forward guidance in this earnings report.
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