TCPC (BlackRock TCP Capital) Dividend Yield %: 20.60% (As of Aug. 14, 2026) — 101% 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 Yield %?

BlackRock TCP Capital TCPC -2.86% 24 Dividend Yield % is 20.60% as of Aug. 14, 2026, which is 101% above its 10-year median of 10.26. GuruFocus rates TCPC with a GF Score™ of 24/100. Among 1,109 Asset Management companies, BlackRock TCP Capital ranks better than 97.48% on this metric.

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

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

TCPC' s Dividend Yield % Range Over the Past 10 Years
Min: 8.27   Med: 10.26   Max: 29.07
Current: 20.6

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

TCPC's Dividend Yield % is ranked better than
97.48% of 1109 companies
in the Asset Management industry
Industry Median: 5.82 vs TCPC: 20.60

BlackRock TCP Capital's Dividend Payout Ratio for the three months ended in Jun. 2026 was 8.50.

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.

As of today (2026-08-14), the Forward Dividend Yield % of BlackRock TCP Capital is 18.64%.

BlackRock TCP Capital's Dividends per Share for the three 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 Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


BlackRock TCP Capital Dividend Yield % Related Terms


BlackRock TCP Capital Dividend Yield % Historical Data

* Premium members only.

The historical data trend for BlackRock TCP Capital's Dividend Yield % 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 Yield % Chart

BlackRock TCP Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.88 9.43 11.61 15.61 18.28

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 Yield % 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 15.32 17.58 18.28 25.48 25.04

TCPC vs EOT, XFLT, TDF: Dividend Yield % Comparison

For the Asset Management subindustry, BlackRock TCP Capital's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % vs Asset Management Industry

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

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


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

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 0.1700002026-06-162026-06-162026-06-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.1700002026-03-172026-03-172026-03-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.2500002025-12-172025-12-172025-12-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.2500002025-09-162025-09-162025-09-30Cash DividendquarterlyUSD: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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.84/4.08
=20.59 %

Current Share Price is $4.08.
BlackRock TCP Capital's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.84.

BlackRock TCP Capital's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.68/4.08
=16.67 %

Current Share Price is $4.08.
BlackRock TCP Capital's Dividends per Share for the forward twelve months is calculated as $0.17 * 4 = $0.68.

* 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 Yield % →
What does a Dividend Yield % of 20.60% mean?
BlackRock TCP Capital (TCPC) has a Dividend Yield % of 20.60% as of Aug. 14, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on BlackRock TCP Capital and its competitors. This is 101% above median its historical median of 10.26. Over the past decade, BlackRock TCP Capital's Dividend Yield % has ranged from 8.27 to 29.07. According to the industry distribution chart, BlackRock TCP Capital ranks #28 out of 1109 companies in the Asset Management industry, placing it in the top 2.5%.
Is BlackRock TCP Capital's Dividend Yield % too high?
BlackRock TCP Capital's current Dividend Yield % of 20.60% is 101% above median its 10-year median of 10.26. Over the past 10 years, this metric has ranged from a low of 8.27 to a high of 29.07. The Asset Management industry median Dividend Yield % is 5.82. BlackRock TCP Capital's value of 20.60% is 254% above this industry median. Based on the distribution chart, BlackRock TCP Capital ranks #28 out of 1109 companies in the Asset Management industry, which is in the top quartile — a strong position 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 Yield % compare to EOT and XFLT?
According to the Asset Management industry distribution chart, BlackRock TCP Capital ranks #28 out of 1109 companies for Dividend Yield %. This places BlackRock TCP Capital in the top 3% of its industry — outperforming the majority of peers. The industry median Dividend Yield % is 5.82. BlackRock TCP Capital's value of 20.60% is 254% above this benchmark. Historically, BlackRock TCP Capital's own Dividend Yield % has ranged from 8.27 to 29.07 over the past decade. While the company's 10-year median is 10.26 vs. the industry median of 5.82, 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 Yield % for an Asset Management company?
The median Dividend Yield % among Asset Management companies is 5.82, based on 1,109 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BlackRock TCP Capital's current Dividend Yield % of 20.60% is 254% 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 Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on BlackRock TCP Capital and its competitors. For the Asset Management industry, the median Dividend Yield % is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock TCP Capital's current Dividend Yield % is 20.60%, which is 101% above median its own 10-year median of 10.26. 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 Yield % of 20.60%. The current Dividend Yield % is 20.60%, which is 101% above median its 10-year median of 10.26 and 254% above the Asset Management industry median of 5.82. 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 Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For BlackRock TCP Capital (TCPC), the current Dividend Yield % is 20.60% as of Aug. 14, 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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