TCPC (BlackRock TCP Capital) Dividend Payout Ratio: 8.50 (As of Jun. 2026) — 602% Above Median

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TCPC BlackRock TCP Capital Corp TCPC
24 GF Score
Price $4.08
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What is BlackRock TCP Capital Dividend Payout Ratio?

BlackRock TCP Capital TCPC -2.86% 24 Dividend Payout Ratio is 8.50 as of Jun. 2026, which is 602% above its 10-year median of 1.21. GuruFocus rates TCPC with a GF Score™ of 24/100. Among 938 Asset Management companies, BlackRock TCP Capital ranks worse than 106609.7% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. BlackRock TCP Capital's Dividend Payout Ratio for the months ended in Jun. 2026 was 8.50.

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


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 not ranked *
in the Asset Management industry.
Industry Median: 0.66
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2026-08-14), the Dividend Yield % of BlackRock TCP Capital is 20.60%.

During the past 13 years, the highest Trailing Annual Dividend Yield of BlackRock TCP Capital was 29.07%. The lowest was 8.27%. And the median was 10.26%.

BlackRock TCP Capital's Dividends per Share for the months ended in Jun. 2026 was $0.17.

During the past 12 months, BlackRock TCP Capital's average Dividends Per Share Growth Rate was -28.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -6.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -2.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -2.50% 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 -6.40% per year. And the median was 0.00% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

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

In dividends investing, Dividend 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

BlackRock TCP Capital Dividend Payout Ratio Historical Data

* Premium members only.

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.

BlackRock TCP Capital Dividend Payout Ratio Chart

BlackRock TCP Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.00 2.00 0.00 0.00

BlackRock TCP Capital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.86 0.00 0.00 8.50

TCPC vs EOT, XFLT, TDF: Dividend Payout Ratio 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 vs Asset Management Industry

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.


TCPC
24GF Score
BlackRock TCP Capital Corp TCPC
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BlackRock TCP Capital Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

BlackRock TCP Capital's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=1/ -1.05
=N/A

BlackRock TCP Capital's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=0.17/ 0.02
=8.50

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 8.50 mean?
BlackRock TCP Capital (TCPC) has a Dividend Payout Ratio of 8.50 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on BlackRock TCP Capital and its competitors. This is 602% above median its historical median of 1.21. Over the past decade, BlackRock TCP Capital's Dividend Payout Ratio has ranged from 0.52 to 2.77. According to the industry distribution chart, BlackRock TCP Capital ranks #999999 out of 938 companies in the Asset Management industry.
Is BlackRock TCP Capital's Dividend Payout Ratio too high?
BlackRock TCP Capital's current Dividend Payout Ratio of 8.50 is 602% above median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 2.77. The Asset Management industry median Dividend Payout Ratio is 0.66. BlackRock TCP Capital's value of 8.50 is 1187.9% above this industry median. Based on the distribution chart, BlackRock TCP Capital ranks #999999 out of 938 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, BlackRock TCP Capital has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does BlackRock TCP Capital's Dividend Payout Ratio compare to EOT and XFLT?
According to the Asset Management industry distribution chart, BlackRock TCP Capital ranks #999999 out of 938 companies for Dividend Payout Ratio. This places BlackRock TCP Capital in the lower half of its industry. The industry median Dividend Payout Ratio is 0.66. BlackRock TCP Capital's value of 8.50 is 1187.9% above this benchmark. Historically, BlackRock TCP Capital's own Dividend Payout Ratio has ranged from 0.52 to 2.77 over the past decade. While the company's 10-year median is 1.21 vs. the industry median of 0.66, BlackRock TCP Capital has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Asset Management company?
The median Dividend Payout Ratio among Asset Management companies is 0.66, based on 938 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BlackRock TCP Capital's current Dividend Payout Ratio of 8.50 is 1187.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on BlackRock TCP Capital and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock TCP Capital's current Dividend Payout Ratio is 8.50, which is 602% above median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock TCP Capital stock overvalued right now?
BlackRock TCP Capital (TCPC) has a current Dividend Payout Ratio of 8.50. The current Dividend Payout Ratio is 8.50, which is 602% above median its 10-year median of 1.21 and 1187.9% above the Asset Management industry median of 0.66. BlackRock TCP Capital's overall GF Score™ is 24/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For BlackRock TCP Capital (TCPC), the current Dividend Payout Ratio is 8.50 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

BlackRock TCP Capital Business Description

Other Exchanges 8TC:Germany
Address 2951 28th Street, Suite 1000, Santa Monica, CA, USA, 90405
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 its investment objective 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.
24GF Score

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