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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 net investment income of $33.8 million for Q4 2024. 2. The earnings performance exceeded expectations, signaling potential growth for TCPC.

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FAQ

Why Bullish?

The reported net investment income suggests strong operational performance, similar to past quarters where outperformance led to stock price increases.

How important is it?

Strong financial results can drive investor confidence and positively affect stock performance.

Why Short Term?

The immediate release of financial results is likely to influence investor sentiment and stock price in the near term.

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BKAUMNOAKS
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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