Loading...
•
Dec 31, 2022
BlackRock TCP Q4 2022 Earnings Report
BlackRock TCP Capital Corp. reported fourth quarter financial results, including net investment income of $0.40 per share, exceeding the dividend of $0.32 per share.
Key Takeaways
BlackRock TCP Capital Corp. announced its financial results for the fourth quarter and year ended December 31, 2022. The company reported net investment income for the quarter ended December 31, 2022 was $23.0 million, or $0.40 per share on a diluted basis.
Net investment income for the quarter ended December 31, 2022 was $23.0 million, or $0.40 per share on a diluted basis.
Net asset value per share was $12.93 at December 31, 2022.
Net decrease in net assets from operations for the quarter ended December 31, 2022 was $47.8 million, or $0.83 per share.
Total acquisitions during the quarter ended December 31, 2022 were $74.9 million and total dispositions were $75.4 million.
Forward Guidance
BlackRock TCP Capital Corp. 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...