BlackRock TCP Capital's most recent quarterly dividend of $0.3 per share was on Sep 15, 2022 (ex-date). The annualized payout of $1.2 per share represents a current dividend yield of 10.99%.
TCPC has a dividend yield of 10.99% which is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.93%, BlackRock TCP Capital's dividend yield is 275% higher. Historically TCPC's dividend yield has averaged at 10.7% in the last 5 years, which is similar to the current yield.
BlackRock TCP Capital has a history of paying dividends since 2012. Our records of TCPC show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. But since the stock price has gone down by 20% from a year ago, the dividend yield has grown by 25%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 15, 2022 | Sep 30, 2022 | Aug 3, 2022 | $0.3 | normal |
| Jun 15, 2022 | Jun 30, 2022 | May 4, 2022 | $0.3 | normal |
| Mar 16, 2022 | Mar 31, 2022 | Feb 24, 2022 | $0.3 | normal |
| Dec 16, 2021 | Dec 31, 2021 | Nov 3, 2021 | $0.3 | normal |
| Sep 15, 2021 | Sep 30, 2021 | Aug 2, 2021 | $0.3 | normal |
| Jun 15, 2021 | Jun 30, 2021 | May 5, 2021 | $0.3 | normal |
| Mar 16, 2021 | Mar 31, 2021 | Feb 25, 2021 | $0.3 | normal |
| Dec 16, 2020 | Dec 31, 2020 | Nov 2, 2020 | $0.3 | normal |
| Sep 15, 2020 | Sep 30, 2020 | Aug 6, 2020 | $0.3 | normal |
| Jun 15, 2020 | Jun 30, 2020 | May 11, 2020 | $0.36 | normal |
| Mar 16, 2020 | Mar 31, 2020 | Feb 26, 2020 | $0.36 | normal |
| Dec 16, 2019 | Dec 31, 2019 | Nov 6, 2019 | $0.36 | normal |
| Sep 13, 2019 | Sep 30, 2019 | Aug 8, 2019 | $0.36 | normal |
| Jun 13, 2019 | Jun 28, 2019 | May 8, 2019 | $0.36 | normal |
| Mar 14, 2019 | Mar 29, 2019 | Feb 28, 2019 | $0.36 | normal |
| Dec 14, 2018 | Dec 31, 2018 | Nov 8, 2018 | $0.36 | normal |
| Sep 13, 2018 | Sep 28, 2018 | Aug 8, 2018 | $0.36 | normal |
| Jun 14, 2018 | Jun 29, 2018 | May 9, 2018 | $0.36 | normal |
| Mar 15, 2018 | Mar 30, 2018 | Feb 27, 2018 | $0.36 | normal |
| Dec 14, 2017 | Dec 29, 2017 | Nov 7, 2017 | $0.36 | normal |
| Sep 14, 2017 | Sep 29, 2017 | Aug 3, 2017 | $0.36 | normal |
| Jun 14, 2017 | Jun 30, 2017 | May 9, 2017 | $0.36 | normal |
| Mar 15, 2017 | Mar 31, 2017 | Feb 28, 2017 | $0.36 | normal |
| Dec 14, 2016 | Dec 30, 2016 | Nov 8, 2016 | $0.36 | normal |
| Sep 14, 2016 | Sep 30, 2016 | Aug 9, 2016 | $0.36 | normal |
TCPC has a payout ratio of 122.4% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 30.1%, BlackRock TCP Capital's payout ratio is 307% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| TCPC BlackRock TCP Capital Corp | 10.89% | $1.2 | 122.4% |
| ATAX America First Multifamily Investors Lp | 7.86% | $1.4 | 52.8% |
| TROW Price T Rowe Group Inc | 4.41% | $4.68 | 44.8% |
| CNS Cohen & Steers Inc | 3.3% | $2.1 | 48.6% |
| WETF WisdomTree Investments Inc | 2.53% | $0.12 | 150% |
Yes, BlackRock TCP Capital has been paying dividends for the last ten years.
At this point we don't have a record of TCPC's next dividend date, but based on the current dividend schedule we project that it will likely be in December 2022.
BlackRock TCP Capital's last dividend ex-date was on Sep 15, 2022. The dividend amount was $0.3 per share.
TCPC's annualized dividend per share is $1.2.
BlackRock TCP Capital's current dividend yield is 10.99%.
BlackRock TCP Capital pays dividends quarterly.
BlackRock TCP Capital's dividend payout ratio is 122.4%.
BlackRock TCP Capital's dividend yield is above the Financial Services sector average.