TCPC Dividend History & Yield

BlackRock TCP Capital Corp. · NasdaqGS

Stock Financial Services Quarterly payer BDCHigh yield
$4.07
+0.00% today
as of Sep 8, 2026
TTM yield
21.62%
$0.88/share over the last 12 months
Forward yield
16.71%
$0.68/share indicated annual rate
Annual dividend
$0.68
per share, forward
Per payment
$0.17
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Sep 16, 2026 Declared
in 8 days
Next pay date
Sep 30, 2026
in 22 days
Last ex-dividend date
Jun 16, 2026
$0.17 per share
Payout ratio
378%
of earnings
Market cap
341.5M
P/E n/a
5y dividend CAGR
-6.0%
annualised, regular payments
Growth streak
0 yrs
no current streak
Years paying
14.2
since Jun 13, 2012
1y total return
-31.3%
price -43.6% + dividends 12.2%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Wed, Sep 16, 2026 (in 8 days) Sep 30, 2026 $0.17 $17.00 Declared
Wed, Dec 16, 2026 (in 99 days) Dec 30, 2026 $0.17 $17.00 Estimated
Wed, Mar 17, 2027 (in 190 days) Mar 31, 2027 $0.17 $17.00 Estimated
Wed, Jun 16, 2027 (in 281 days) Jun 30, 2027 $0.17 $17.00 Estimated

Estimated dates and amounts are projected from TCPC's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $0.68 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Dec 14, 2016 to Jun 16, 2026; most recent $0.17$0.00$0.40$0.80Dec 14, 2016: $0.36Dec '16Mar 15, 2017: $0.36Jun 14, 2017: $0.36Sep 14, 2017: $0.36Dec 14, 2017: $0.36Mar 15, 2018: $0.36Mar '18Jun 14, 2018: $0.36Sep 13, 2018: $0.36Dec 14, 2018: $0.36Mar 14, 2019: $0.36Jun 13, 2019: $0.36Jun '19Sep 13, 2019: $0.36Dec 16, 2019: $0.36Mar 16, 2020: $0.36Jun 15, 2020: $0.36Sep 15, 2020: $0.30Sep '20Dec 16, 2020: $0.30Mar 16, 2021: $0.30Jun 15, 2021: $0.30Sep 15, 2021: $0.30Dec 16, 2021: $0.30Dec '21Mar 16, 2022: $0.30Jun 15, 2022: $0.30Sep 15, 2022: $0.30Dec 15, 2022: $0.32Dec 28, 2022: $0.05Dec '22Mar 16, 2023: $0.32Jun 15, 2023: $0.34Sep 14, 2023: $0.44Dec 14, 2023: $0.59Mar 13, 2024: $0.34Mar '24Jun 14, 2024: $0.34Sep 16, 2024: $0.34Dec 17, 2024: $0.44Mar 17, 2025: $0.29Jun 16, 2025: $0.29Jun '25Sep 16, 2025: $0.29Dec 17, 2025: $0.25Mar 17, 2026: $0.17Jun 16, 2026: $0.17

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$1.00$2.002017: $1.44$1.4420172018: $1.44$1.4420182019: $1.44$1.4420192020: $1.32$1.3220202021: $1.20$1.2020212022: $1.27$1.2720222023: $1.69$1.6920232024: $1.46$1.4620242025: $1.12$1.1220252026 (YTD): $0.34$0.342026 YTD

How much TCPC do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month1,765$7,182$1,200
$500 / month8,824$35,912$6,000
$1,000 / month17,648$71,824$12,000

Based on the forward yield of 16.71%. $10,000 in TCPC would currently pay about $1,671 a year ($139 a month on average). Model reinvestment and growth →

TCPC dividend history

Show recent only
Ex-datePay dateAmountChange
Jun 16, 2026 Jun 30, 2026 $0.17 +0.0%
Mar 17, 2026 Mar 31, 2026 $0.17 -32.0%
Dec 17, 2025 Dec 31, 2025 $0.25 -13.8%
Sep 16, 2025 Sep 30, 2025 $0.29 +0.0%
Jun 16, 2025 Jun 30, 2025 $0.29 +0.0%
Mar 17, 2025 Mar 31, 2025 $0.29 -34.1%
Dec 17, 2024 Dec 31, 2024 $0.44 +29.4%
Sep 16, 2024 Sep 30, 2024 $0.34 +0.0%
Jun 14, 2024 Jun 28, 2024 $0.34 +0.0%
Mar 13, 2024 Mar 29, 2024 $0.34 -42.4%
Dec 14, 2023 Dec 29, 2023 $0.59 +34.1%
Sep 14, 2023 Sep 29, 2023 $0.44 +29.4%
Jun 15, 2023 Jun 30, 2023 $0.34 +6.2%
Mar 16, 2023 Mar 31, 2023 $0.32 +540.0%
Dec 28, 2022 Jan 12, 2023 $0.05 -84.4%
Dec 15, 2022 Dec 30, 2022 $0.32 +6.7%
Sep 15, 2022 Sep 30, 2022 $0.30 +0.0%
Jun 15, 2022 Jun 30, 2022 $0.30 +0.0%
Mar 16, 2022 Mar 31, 2022 $0.30 +0.0%
Dec 16, 2021 Dec 31, 2021 $0.30 +0.0%
Sep 15, 2021 Sep 30, 2021 $0.30 +0.0%
Jun 15, 2021 Jun 30, 2021 $0.30 +0.0%
Mar 16, 2021 Mar 31, 2021 $0.30 +0.0%
Dec 16, 2020 Dec 31, 2020 $0.30 +0.0%
Sep 15, 2020 Sep 30, 2020 $0.30 -16.7%
Jun 15, 2020 Jun 30, 2020 $0.36 +0.0%
Mar 16, 2020 Mar 31, 2020 $0.36 +0.0%
Dec 16, 2019 Dec 31, 2019 $0.36 +0.0%
Sep 13, 2019 Sep 30, 2019 $0.36 +0.0%
Jun 13, 2019 Jun 28, 2019 $0.36 +0.0%
Mar 14, 2019 Mar 29, 2019 $0.36 +0.0%
Dec 14, 2018 Dec 31, 2018 $0.36 +0.0%
Sep 13, 2018 Sep 28, 2018 $0.36 +0.0%
Jun 14, 2018 Jun 29, 2018 $0.36 +0.0%
Mar 15, 2018 Mar 30, 2018 $0.36 +0.0%
Dec 14, 2017 Dec 29, 2017 $0.36 +0.0%
Sep 14, 2017 Sep 29, 2017 $0.36 +0.0%
Jun 14, 2017 Jun 30, 2017 $0.36 +0.0%
Mar 15, 2017 Mar 31, 2017 $0.36 +0.0%
Dec 14, 2016 Dec 30, 2016 $0.36 +0.0%
Sep 14, 2016 Sep 30, 2016 $0.36 +0.0%
Jun 14, 2016 Jun 30, 2016 $0.36 +0.0%
Mar 15, 2016 Mar 31, 2016 $0.36 +0.0%
Dec 15, 2015 Dec 31, 2015 $0.36 +0.0%
Sep 14, 2015 Sep 30, 2015 $0.36 +0.0%
Jun 12, 2015 Jun 30, 2015 $0.36 +0.0%
Mar 17, 2015 Mar 31, 2015 $0.36 -12.2%
Dec 4, 2014 Dec 31, 2014 $0.41 +13.9%
Sep 12, 2014 Sep 30, 2014 $0.36 -12.2%
Jun 16, 2014 Jun 30, 2014 $0.41 +13.9%
Mar 13, 2014 Mar 31, 2014 $0.36 -12.2%
Dec 6, 2013 Dec 31, 2013 $0.41 +13.9%
Sep 5, 2013 Sep 30, 2013 $0.36 +0.0%
Jun 5, 2013 $0.36 -10.0%
Mar 14, 2013 $0.40 +0.0%
Dec 13, 2012 $0.40 +14.3%
Sep 12, 2012 $0.35 +2.9%
Jun 13, 2012 $0.34

Payout risk check

Yield-trap heuristicElevated risk

TCPC scores 95/100 on our yield-trap heuristic (elevated risk).

4 warning flags raised:

  • Payout ratio above 100% of earnings
  • Yield above 12%, far above market norms
  • Payment was cut within the last 5 years
  • Share price down more than 30% over 1 year

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About BlackRock TCP Capital Corp.

BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, small businesses, debt securities, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments. It typically invests in communication services, public relations services, television, wireless telecommunication services, apparel, textile mills, restaurants, retailing, energy, oil and gas extraction, Patent owners and Lessors, Federal and Federally- Sponsored Credit agencies, insurance, hospital and healthcare centers, Biotechnology, engineering services, heavy electrical equipment, tax…

Sector: Financial Services. Industry: Asset Management. First dividend on our records: Jun 13, 2012. 58 payments tracked.

TCPC dividend FAQ

When is TCPC's next ex-dividend date?

TCPC's next ex-dividend date is Sep 16, 2026 (in 8 days, declared by the company). You must own the shares before that date to receive the payment of about $0.17 per share, expected on Sep 30, 2026.

How often does TCPC pay dividends?

TCPC pays dividends every quarter, 4 times a year. The most recent payment was $0.17 per share with an ex-date of Jun 16, 2026.

What is TCPC's dividend yield?

TCPC's trailing 12-month dividend yield is 21.62%, based on $0.88 per share paid over the last year and a share price of $4.07. The forward yield, using the indicated annual rate of $0.68 per share, is 16.71%.

How much does TCPC pay per share?

TCPC pays about $0.17 per share each quarter, which works out to roughly $0.68 per share a year. 100 shares would collect about $68.00 a year.

Has TCPC grown or cut its dividend?

Over the last 5 years the regular payout has shrunk at 6.0% a year (-35.3% over the last year). TCPC did cut a regular payment within the last 5 years.

How many shares of TCPC do I need to earn $100 a month?

At the current forward yield of 16.71%, you would need about 1,765 shares of TCPC (roughly $7,182 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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