BlackRock TCP Capital Corp. reported a net investment income of $0.40 per share for the fourth quarter of 2024. The board declared a first quarter dividend of $0.25 per share and a special dividend of $0.04 per share for 2025.
Net investment income for Q4 2024 was $33.8 million, or $0.40 per share.
Adjusted net investment income for Q4 2024 was $30.8 million, or $0.36 per share.
Net asset value per share was $9.23 as of December 31, 2024, compared to $10.11 as of September 30, 2024.
Total acquisitions during Q4 2024 were approximately $120.7 million and total investment dispositions were $168.6 million.
The Board of Directors declared a first quarter regular dividend of $0.25 per share and a special dividend of $0.04 per share, both payable on March 31, 2025. The Company intends to declare a special dividend of at least $0.02 per share of common stock in each of the second and third quarters of 2025, subject to Board approval.
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