TCPC Dividend History & Analysis | 14.8% Yield

TCPC has a dividend yield of 14.8% and paid 1 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 14.77%
Payout Ratio 2.0%
Growth Rate CAGR 5y -4.46%
Consistency Lifetime 92.9%
Yield on Cost 5y 14.73%
Payout FCF 82.5%
Streak Years 14
Dividend Rating 52.65%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: -37.7%
Total Return 5y: -28.4%

Top Dividend Payers in Asset Management & Custody Banks

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
ECC 674 M 24.3% 44.7%
OXLC 1,177 M 28.3% 29.2%
ECAT 1,534 M 22.0% 36.5%
OCCI 129 M 24.3% 30.5%
BCAT 1,540 M 22.4% 31.2%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
ECAT 1,534 M 144% 91.7%
FSCO 1,204 M 105% 90.0%
OPFI 831 M 108% 100%
SUNS 126 M 90.5% 100%
OWL 19,571 M 60.1% 100%

Quality Dividend Peers in Asset Management & Custody Banks

BUI
BlackRock Utility
 10.47% Yield
GNT
GAMCO Natural Resources
 7.98% Yield
GAM
General American
 11.74% Yield
TBLD
Thornburg Income
 6.56% Yield
BK
The Bank of New York
 2.10% Yield
TRIN
Trinity Capital
 14.80% Yield

TCPC Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-12-17 2025-12-17 2025-12-31 Quarterly 0.25 0% 4.46%
2025-09-16 2025-09-16 2025-09-30 Quarterly 0.25 0% 3.73%
2025-06-16 2025-06-16 2025-06-30 Quarterly 0.25 0% 3.32%
2025-03-17 2025-03-17 2025-03-31 Quarterly 0.25 -43.2% 3.19%
2024-12-17 2024-12-17 2024-12-31 Quarterly 0.44 29.4% 5.04%
2024-09-16 2024-09-16 2024-09-30 Quarterly 0.34 0% 3.91%
2024-06-14 2024-06-14 2024-06-28 Quarterly 0.34 0% 3.12%
2024-03-13 2024-03-14 2024-03-29 Quarterly 0.34 0% 3.26%
2023-12-14 2023-12-15 2023-12-29 Quarterly 0.34 240% 2.86%
2023-09-14 2023-09-15 2023-09-29 Quarterly 0.1 -70.6% 0.83%
2023-06-15 2023-06-16 2023-06-30 Quarterly 0.34 6.3% 3.09%
2023-03-16 2023-03-17 2023-03-31 Quarterly 0.32 540% 3.23%
2022-12-28 2022-12-29 2023-01-12 Other 0.05 -84.4% 0.39%
2022-12-15 2022-12-16 2022-12-30 Quarterly 0.32 6.7% 2.55%
2022-09-15 2022-09-16 2022-09-30 Quarterly 0.3 0% 2.36%
2022-06-15 2022-06-16 2022-06-30 Quarterly 0.3 0% 2.42%
2022-03-16 2022-03-17 2022-03-31 Quarterly 0.3 0% 2.19%
2021-12-16 2021-12-17 2021-12-31 Quarterly 0.3 0% 2.21%
2021-09-15 2021-09-16 2021-09-30 Quarterly 0.3 0% 2.17%
2021-06-15 2021-06-16 2021-06-30 Quarterly 0.3 0% 2.06%
2021-03-16 2021-03-17 2021-03-31 Quarterly 0.3 0% 2.01%
2020-12-16 2020-12-17 2020-12-31 Quarterly 0.3 0% N/A
2020-09-15 2020-09-16 2020-09-30 Quarterly 0.3 -16.7% N/A
2020-06-15 2020-06-16 2020-06-30 Quarterly 0.36 0% N/A
2020-03-16 2020-03-17 2020-03-31 Quarterly 0.36 0% N/A
2019-12-16 2019-12-17 2019-12-31 Quarterly 0.36 0% N/A
2019-09-13 2019-09-16 2019-09-30 Quarterly 0.36 0% N/A
2019-06-13 2019-06-14 2019-06-28 Quarterly 0.36 0% N/A
2019-03-14 2019-03-15 2019-03-29 Quarterly 0.36 0% N/A
2018-12-14 2018-12-17 2018-12-31 Quarterly 0.36 0% N/A
2018-09-13 2018-09-14 2018-09-28 Quarterly 0.36 0% N/A
2018-06-14 2018-06-15 2018-06-29 Quarterly 0.36 0% N/A
2018-03-15 2018-03-16 2018-03-30 Quarterly 0.36 0% N/A
2017-12-14 2017-12-15 2017-12-29 Quarterly 0.36 0% N/A
2017-09-14 2017-09-15 2017-09-29 Quarterly 0.36 0% N/A
2017-06-14 2017-06-16 2017-06-30 Quarterly 0.36 0% N/A
2017-03-15 2017-03-17 2017-03-31 Quarterly 0.36 0% N/A
2016-12-14 2016-12-16 2016-12-30 Quarterly 0.36 0% N/A
2016-09-14 2016-09-16 2016-09-30 Quarterly 0.36 0% N/A
2016-06-14 2016-06-16 2016-06-30 Quarterly 0.36 0% N/A
2016-03-15 2016-03-17 2016-03-31 Quarterly 0.36 0% N/A
2015-12-15 2015-12-17 2015-12-31 Quarterly 0.36 0% N/A
2015-09-14 2015-09-16 2015-09-30 Quarterly 0.36 0% N/A
2015-06-12 2015-06-16 2015-06-30 Quarterly 0.36 0% N/A
2015-03-17 2015-03-19 2015-03-31 Quarterly 0.36 -12.2% N/A
2014-12-04 2014-12-08 2014-12-31 Quarterly 0.41 13.9% N/A
2014-09-12 2014-09-16 2014-09-30 Quarterly 0.36 -12.2% N/A
2014-06-16 2014-06-18 2014-06-30 Quarterly 0.41 13.9% N/A
2014-03-13 2014-03-17 2014-03-31 Quarterly 0.36 -12.2% N/A
2013-12-06 2013-12-10 2013-12-31 Quarterly 0.41 0% N/A

TCPC Dividend FAQ

BlackRock TCP Capital Corp. (NASDAQ: TCPC) is a Business Development Company (BDC) that focuses on direct equity and debt placements in U.S. middle-market companies, typically deploying $10 million–$35 million of debt into firms with enterprise values of $100 million–$1.5 billion. The firm’s sector coverage is broad, spanning communications, retail, energy, healthcare, biotech, engineering, and technology-related services, and it prefers equity stakes when opportunities arise.

What is the Dividend Yield of TCPC?

As of February 2026, TCPC`s dividend yield is 14.77%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.00 USD by the current share price of 4.86.

Does TCPC pay a dividend?

As of February 2026, TCPC paid a dividend of 1.00 USD in the last 12 months. The last dividend was paid on 2025-12-17 and the payout was 0.25 USD.

How often does TCPC pay dividends?

TCPC pays dividends quarterly. Over the last 12 months, TCPC has issued 4 dividend payments. The last dividend payment was made on 2025-12-17.

TCPC dividend forecast

Based on historical data, the forecasted dividends per share for TCPC for the next 4 payments are between 0.26 (+4.0%) and 0.281 (+12.4%).
This indicates a solid dividend increase compared to the last payment.

Will TCPC pay dividends in 2026?

The latest dividend paid per share was 0.25 USD with an Ex-Dividend Date of 2025-12-17. The next Ex-Dividend date for BlackRock TCP Capital (TCPC) is currently unknown.

What is the next Ex-Dividend Date for TCPC?

The next Ex-Dividend date for BlackRock TCP Capital (TCPC) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of TCPC?

TCPC's average dividend growth rate over the past 5 years is -4.46% per year.
Negative growth: TCPC's Dividend growth is negative and declining.

What is the Yield on Cost of TCPC?

TCPC's 5-Year Yield on Cost is 14.7%. If you bought TCPC's shares at 6.79 USD five years ago, your current annual dividend income (1.00 USD per share, trailing 12 months) equals 14.7% of your original purchase price.

What is the Payout Consistency of TCPC?

TCPC Payout Consistency is 92.9%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: BlackRock TCP Capital has a strong track record of consistent dividend payments over its lifetime.

Does TCPC have a good Dividend Yield?

TCPC`s 14.77% Dividend Yield is considered as extremely high. Investors should watch out for NAV decline.

What is the Dividend Payout Ratio of TCPC?

The Dividend Payout Ratio of TCPC is 2.0%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of TCPC?

TCPC`s Overall Dividend Rating is 52.65%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

TCPC Outstanding Shares Analysis

What is the Trend in TCPC's Outstanding Shares?

BlackRock TCP Capital's outstanding shares have increased by approximately 21.33% annually over the past 3 years (Trend Reliability: 33.3%).

Significant dilution: Heavy share issuance is diluting existing shareholders. Even if total dividends paid increase, your dividend per share may stagnate or decline.

Has TCPC ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

Year Number of Shares Annual Growth Rate
2011 21,475,600
2012 21,477,600 +0.01%
2013 36,199,900 +68.55%
2014 48,711,400 +34.56%
2015 48,746,500 +0.07%
2016 53,041,900 +8.81%
2017 58,844,400 +10.94%
2018 58,767,400 -0.13%
2019 58,668,400 -0.17%
2020 57,767,300 -1.54%
2021 57,767,300
2022 57,767,300
2023 57,767,300
2024 85,326,000 +47.71%
2025 85,034,400 -0.34%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-02-04 02:40