TCPC Dividend History & Yield

BlackRock TCP Capital Corp. · NasdaqGS

Stock Financial Services Quarterly payer BDCHigh yield
$4.02
-2.19% today
as of Oct 24, 2026
TTM yield
18.91%
$0.76/share over the last 12 months
Forward yield
16.92%
$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
Dec 16, 2026 Estimated
in 52 days
Next pay date
Dec 30, 2026
in 66 days
Last ex-dividend date
Sep 16, 2026
$0.17 per share
Payout ratio
389%
of earnings
Market cap
337.3M
P/E n/a
5y dividend CAGR
-8.7%
annualised, regular payments
Growth streak
0 yrs
no current streak
Years paying
14.4
since Jun 13, 2012
1y total return
-22.9%
price -35.2% + dividends 12.3%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Wed, Dec 16, 2026 (in 52 days) Dec 30, 2026 $0.17 $17.00 Estimated
Wed, Mar 17, 2027 (in 143 days) Mar 31, 2027 $0.17 $17.00 Estimated
Wed, Jun 16, 2027 (in 234 days) Jun 30, 2027 $0.17 $17.00 Estimated
Wed, Sep 15, 2027 (in 325 days) Sep 29, 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 Mar 15, 2017 to Sep 16, 2026; most recent $0.17$0.00$0.40$0.80Mar 15, 2017: $0.36Mar '17Jun 14, 2017: $0.36Sep 14, 2017: $0.36Dec 14, 2017: $0.36Mar 15, 2018: $0.36Jun 14, 2018: $0.36Jun '18Sep 13, 2018: $0.36Dec 14, 2018: $0.36Mar 14, 2019: $0.36Jun 13, 2019: $0.36Sep 13, 2019: $0.36Sep '19Dec 16, 2019: $0.36Mar 16, 2020: $0.36Jun 15, 2020: $0.36Sep 15, 2020: $0.30Dec 16, 2020: $0.30Dec '20Mar 16, 2021: $0.30Jun 15, 2021: $0.30Sep 15, 2021: $0.30Dec 16, 2021: $0.30Mar 16, 2022: $0.30Mar '22Jun 15, 2022: $0.30Sep 15, 2022: $0.30Dec 15, 2022: $0.32Dec 28, 2022: $0.05Mar 16, 2023: $0.32Mar '23Jun 15, 2023: $0.34Sep 14, 2023: $0.44Dec 14, 2023: $0.59Mar 13, 2024: $0.34Jun 14, 2024: $0.34Jun '24Sep 16, 2024: $0.34Dec 17, 2024: $0.44Mar 17, 2025: $0.29Jun 16, 2025: $0.29Sep 16, 2025: $0.29Sep '25Dec 17, 2025: $0.25Mar 17, 2026: $0.17Jun 16, 2026: $0.17Sep 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): $0.51$0.512026 YTD

How much TCPC do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month1,765$7,094$1,200
$500 / month8,824$35,471$6,000
$1,000 / month17,648$70,941$12,000

Based on the forward yield of 16.92%. $10,000 in TCPC would currently pay about $1,692 a year ($141 a month on average). Model reinvestment and growth →

TCPC dividend history

Ex-datePay dateAmountChange
Sep 16, 2026 Sep 30, 2026 $0.17 +0.0%
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%

TCPC dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
Mar 17, 2026 Cut 32.0% $0.25 $0.17 Paid
Dec 17, 2025 Cut 13.8% $0.29 $0.25 Paid

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

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. 59 payments tracked. Data last refreshed Oct 24, 2026. Spotted a mistake? Report it and we'll fix it.

TCPC dividend FAQ

When is TCPC's next ex-dividend date?

TCPC's next ex-dividend date is Dec 16, 2026 (in 52 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.17 per share, expected on Dec 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 Sep 16, 2026.

What is TCPC's dividend yield?

TCPC's trailing 12-month dividend yield is 18.91%, based on $0.76 per share paid over the last year and a share price of $4.02. The forward yield, using the indicated annual rate of $0.68 per share, is 16.92%.

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 8.7% a year (-42.0% 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 16.92%, you would need about 1,765 shares of TCPC (roughly $7,094 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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