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BlackRock TCP Capital Corp. Announces 2024 Financial Results Including Fourth Quarter Net Investment Income of $0.40 Per Share; Declares First Quarter Dividend of $0.25 Per Share and a Special Dividend of $0.04 Per Share

1. TCPC reported a positive fourth quarter net investment income of $33.8 million. 2. The results indicate strong financial performance which could boost investor confidence.

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FAQ

Why Bullish?

The reported net investment income exceeded expectations, similar to past quarterly performances that led to price increases.

How important is it?

Positive financial results can significantly influence market perception and TCPC's stock price.

Why Short Term?

Immediate investor reaction is expected, but long-term effects depend on sustained performance.

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SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (“we,” “us,” “our,” “TCPC” or the “Company”), a business development company (NASDAQ: TCPC), today announced its financial results for the fourth quarter and year ended December 31, 2024 and filed its Form 10-K with the U.S. Securities and Exchange Commission. FINANCIAL HIGHLIGHTS On a GAAP basis, net investment income for the quarter ended December 31, 2024 was $33.8 million, or $0.40 per share on a diluted basis, which exceede.

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