During the past 12 months, BlackRock TCP Capital's average Dividends Per Share Growth Rate was 9.80% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 0.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -2.70% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -1.50% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of BlackRock TCP Capital was 11.50% per year. The lowest was -5.90% per year. And the median was -1.35% per year.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of BlackRock TCP Capital Corp is 2.03, which seems too high.
Good Sign:
BlackRock TCP Capital Corp stock dividend yield is close to 3-year high.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of BlackRock TCP Capital's 5-Year Dividend Growth Rate
For the Asset Management subindustry, BlackRock TCP Capital's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
BlackRock TCP Capital's 5-Year Dividend Growth Rate Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, BlackRock TCP Capital's 5-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where BlackRock TCP Capital's 5-Year Dividend Growth Rate falls into.
BlackRock TCP Capital 5-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
BlackRock TCP Capital (NAS:TCPC) 5-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
BlackRock TCP Capital's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of BlackRock TCP Capital was 2.77. The lowest was 0.52. And the median was 1.21.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of BlackRock TCP Capital Corp is 2.03, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
BlackRock TCP Capital Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.340
2024-03-13
2024-03-14
2024-03-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.340
2023-12-14
2023-12-15
2023-12-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.340
2023-09-14
2023-09-15
2023-09-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.340
2023-06-15
2023-06-16
2023-06-30
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
BlackRock TCP Capital's Dividend Yield (%) for Today is calculated as
Current Share Price is $10.09.
BlackRock TCP Capital's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.36.
During the past 13 years, the highest Dividend Yield of BlackRock TCP Capital was 27.59%. The lowest was 7.89%. And the median was 9.38%.
Good Sign:
BlackRock TCP Capital Corp stock dividend yield is close to 3-year high.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BlackRock TCP Capital 5-Year Dividend Growth Rate Related Terms
Thank you for viewing the detailed overview of BlackRock TCP Capital's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.
BlackRock TCP Capital (BlackRock TCP Capital) Business Description
BlackRock TCP Capital Corp is an externally-managed specialty finance company focused on middle-market lending. Its investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. It seeks to achieve our investment objective primarily through investments in debt securities of middle-market companies. The group generates returns through a combination of the receipt of contractual interest payments on debt investments and origination and similar fees, and, to a lesser extent, equity appreciation through options, warrants, conversion rights or direct equity investments.
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