BlackRock TCP Capital (TCPC)

BDCs | Higher

BlackRock TCP Capital (TCPC) is tracked in the Hoya Capital REIT and real estate database, classified under BDCs, BDC with a Higher focus. The company came public in 2012. It is categorized as a Micro-Cap name in the database. The company has an equity market capitalization of approximately $0.3 billion. Shares recently traded near $4.05 with a dividend yield of about 16.79 percent. The company pays dividends on a quarterly schedule with a forward annual dividend rate of $0.68 per share. Its FFO payout ratio is roughly 110 percent. The dividend was reduced by about 35.3 percent over the past year. The stock is priced at roughly 9.9 times estimated 2026 funds from operations. S&P rates the company's credit at NR. The next scheduled ex-dividend date on file is 2026-12-15. This profile includes fundamentals, dividend history, valuation metrics, and sector rankings from Hoya Capital's research database, refreshed on a regular schedule.

BlackRock TCP Capital Corp (TCPC) is a prominent business development company that specializes in delivering customized financing solutions to middle-market enterprises across diverse industries. Backed by the extensive investment expertise of BlackRock, TCPC primarily offers senior secured loans and a variety of debt instruments, prioritizing strong risk-adjusted returns and capital preservation. With a proactive investment approach and robust market relationships, the firm effectively maneuvers through changing economic landscapes. Furthermore, TCPC's commitment to consistent dividend distributions positions it as an attractive option for income-focused investors seeking stability and resilience in uncertain market conditions.

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Company website: www.tcpcapital.com