BlackRock TCP Capital: Post-Merger Opportunity For Income And Growth
BLKBlackRock(BLK) seekingalpha.com·2024-05-28 02:12

Klaus Vedfelt BlackRock TCP Capital Corp. (NASDAQ:TCPC) recently completed its business combination with BlackRock Capital Investment Corporation which was formerly a separate, publicly traded business development company. The BDC announced that it would lower its management fee which I think could lead to an increase in the dividend as well. BlackRock TCP Capital also comfortably covered its dividend with net investment income in the first quarter and the stock is still selling for a discount to net asset ...