BlackRock TCP Capital (BlackRock TCP Capital) Dividend Payout Ratio

: 0.00 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

BlackRock TCP Capital's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

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.

The historical rank and industry rank for BlackRock TCP Capital's Dividend Payout Ratio or its related term are showing as below:

TCPC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.52 Med: 1.21 Max: 2.77
Current: 2.03

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.

TCPC's Dividend Payout Ratio is ranked worse than
84.98% of 939 companies
in the Asset Management industry
Industry Median: 0.83 vs TCPC: 2.03

As of today (2024-04-16), the Dividend Yield % of BlackRock TCP Capital is 13.41%.

During the past 13 years, the highest Trailing Annual Dividend Yield of BlackRock TCP Capital was 27.59%. The lowest was 7.89%. And the median was 9.34%.

BlackRock TCP Capital's Dividends per Share for the months ended in Dec. 2023 was $0.34.

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.

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.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

BlackRock TCP Capital Dividend Payout Ratio Historical Data

The historical data trend for BlackRock TCP Capital's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

BlackRock TCP Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

2.77

1.07

0.52

2.00

BlackRock TCP Capital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																-	0.82	1.21	1.55	-

Competitive Comparison

For the Asset Management subindustry, BlackRock TCP Capital's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

For the Asset Management industry and Financial Services sector, BlackRock TCP Capital's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where BlackRock TCP Capital's Dividend Payout Ratio falls into.

BlackRock TCP Capital Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

BlackRock TCP Capital's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.34	/	0.67
	=	2.00

BlackRock TCP Capital's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.34	/	-0.23
	=	N/A

BlackRock TCP Capital (NAS:TCPC) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

BlackRock TCP Capital Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of BlackRock TCP Capital's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

BlackRock TCP Capital (BlackRock TCP Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock TCP Capital Corp (NAS:TCPC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

8TC:Germany

Address

2951 28th Street, Suite 1000, Santa Monica, CA, USA, 90405

Website

https://www.tcpcapital.com

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.

Executives

Karen L Leets	director	125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
Rajneesh Vig	officer: Authorized Person, other: Officer of Advisor	C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA X1 90405
Karyn Leigh Williams	director	C/O TENNENBAUM CAPITAL PARTNERS, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Erik L. Cuellar	officer: Chief Financial Officer	2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Andrea Petro	director	C/O READY CAPITAL CORPORATION, 1251 AVENUE OF THE AMERICAS, 50TH FL., NEW YORK NY 10020
Philip M Tseng	officer: Chief Operating Officer	C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Charles Park	officer: CCO	55 EAST 52ND STREET, NEW YORK NY 10055
Howard Levkowitz	director, officer: Chairman & CEO	C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Kathleen A Corbet	director	C/O ALLIANCE CAPITAL, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Paul L Davis	officer: Chief Compliance Officer, other: Officer of Investment Adviser	TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, STE 1000, SANTA MONICA CA 90405
Brian F Wruble	director	TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Michael E Leitner	officer: Authorized Person, other: Officer of Adviser	C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH ST., SUITE 1000, SANTA MONICA CA 90405
Eric John Draut	director	340 EAST RANDOLPH, SUITE 3101, CHICAGO IL 60601
Mark Holdsworth	officer: Authorized Person, other: Officer of Investment Adviser	140 S. LAKE AVE., STE. 304, PASADENA CA 91101
M. Freddie Reiss	director	2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405