BlackRock TCP Capital (BlackRock TCP Capital) 5-Year Yield-on-Cost %

: 11.83 (As of Today)

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

BlackRock TCP Capital's yield on cost for the quarter that ended in Dec. 2023 was 11.83.

The historical rank and industry rank for BlackRock TCP Capital's 5-Year Yield-on-Cost % or its related term are showing as below:

TCPC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 6.88 Med: 8.18 Max: 24.06
Current: 11.83

During the past 13 years, BlackRock TCP Capital's highest Yield on Cost was 24.06. The lowest was 6.88. And the median was 8.18.

TCPC's 5-Year Yield-on-Cost % is ranked better than
83.11% of 1214 companies
in the Asset Management industry
Industry Median: 6.04 vs TCPC: 11.83

Competitive Comparison

For the Asset Management subindustry, BlackRock TCP Capital's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution

For the Asset Management industry and Financial Services sector, BlackRock TCP Capital's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where BlackRock TCP Capital's 5-Year Yield-on-Cost % falls into.

BlackRock TCP Capital 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of BlackRock TCP Capital is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

BlackRock TCP Capital (NAS:TCPC) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

BlackRock TCP Capital 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of BlackRock TCP Capital's 5-Year Yield-on-Cost % 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 » 5-Year Yield-on-Cost %

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