BlackRock TCP Capital Corp. (NASDAQ:TCPC) to Issue $0.30 Quarterly Dividend

BlackRock TCP Capital Corp. (NASDAQ:TCPC) to Issue $0.30 Quarterly Dividend

BlackRock TCP Capital Corp. (NASDAQ:TCPC – Get Rating) declared a quarterly dividend on Wednesday, June 3rd, Zacks reports. Stockholders of record on Friday, September 16th will be given a dividend of 0.30 per share by the investment management company on Friday, September 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 9.10%. The ex-dividend date is Thursday, September 15th.
BlackRock TCP Capital has decreased its dividend by an average of 5.9% per year over the last three years.