Trailing Dividend / Share
$1.12
BlackRock TCP Capital Corp. (TCPC) Dividend History
Income profile from 2012 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
25.7%
Payout Ratio
N/A
Unknown
Dividend Streak
0 years
TCPC Dividend Income Check
Safety
Payout ratio data not available yet.
Consistency
0 straight years of dividend increases.
Income Trend
Yield on cost is 10.1% and trend is falling.
TCPC Dividend Scorecard
Yield & Income
Dividend Yield25.7%
Trailing DPS$1.12
FrequencyAnnual
Payments / 12M4
Payout Safety
Earnings PayoutN/A
Earnings SafetyUnknown
FCF Payout39.8%
FCF SafetyWell Covered
Piotroski F-Score3/9
Growth
Growth Streak0 years
3Y CAGR-4.1%
5Y CAGR-3.2%
Yield on Cost (5Y)10.1%
YOC Trendfalling
Total Returns
Buyback Yield0.8%
Total Shareholder Yield26.5%
1Y Total Return-18.9%
5Y Total Return-24.2%
Div Contribution (5Y)45.7%
Estimated $10K growth (return + dividends):
5Y ago$7,58110Y ago$12,18820Y ago$16,392
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
TCPC Income Growth Story
Dividend per share and yield on cost over time (15 years of payments)
TCPC Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
BlackRock TCP Capital Corp. has limited earnings payout data (Unknown). When measured against free cash flow—a stricter test—the payout ratio stands at 39.8%, rated "Well Covered".
Piotroski F-Score: 3/9 — weak financial health.
Growth Track Record
TCPC does not have a current streak of consecutive dividend increases, with a 3-year CAGR of -4.1% and 5-year CAGR of -3.2%.
Total Shareholder Returns
Beyond cash dividends, TCPC returns capital through share repurchases. The combined picture: 25.7% dividend yield, 0.8% buyback yield, 26.5% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 10.1% and is currently falling. The 5-year total return is -24.2%, with dividends contributing 45.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $12,188 today.
TCPC Recent Dividend Payments
Last 20 payments · Annual
TTM Total$6.31
Avg/Payment$0.3155
Latest Change-32.0%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 17, 2026Latest | $0.1700 | ↓ -32.0% | 28.33% | Mar 31, 2026 |
| Dec 17, 2025 | $0.2500 | ↓ -13.8% | 19.65% | Dec 31, 2025 |
| Sep 16, 2025 | $0.2900 | — | 19.49% | Sep 30, 2025 |
| Jun 16, 2025 | $0.2900 | — | 18.68% | Jun 30, 2025 |
| Mar 17, 2025 | $0.2900 | ↓ -34.1% | 18.22% | Mar 31, 2025 |
| Dec 17, 2024 | $0.4400 | ↑ +29.4% | 16.69% | Dec 31, 2024 |
| Sep 16, 2024 | $0.3400 | — | 18.57% | Sep 30, 2024 |
| Jun 14, 2024 | $0.3400 | — | 16.06% | Jun 28, 2024 |
TCPC Dividend vs Peers
Comparable companies in the same industry
#1 yield in peer group
Div Yield
25.7%
#1 of 9
Safety
Unknown
— payout
Streak
0Y
-3.2% 5Y CAGR
Total Shareholder
26.5%
#1 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
1st TCPCBlackRock TCP Capita… | $367M | 25.7% | — | 0 | Unknown |
 ARCCAres Capital Corpora… | $13.6B | 2.0% | — | 0 | Unknown |
 GBDCGolub Capital BDC, I… | $3.4B | 10.5% | 97.9% | 0 | At Risk |
3rd  TPVGTriplePoint Venture … | $243M | 17.1% | 83.9% | 0 | Watch |
 CGBDCarlyle Secured Lend… | $859M | 0.2% | 1.4% | 0 | Sustainable |
 SLRCSLR Investment Corp. | $745M | 12.0% | 96.7% | 0 | At Risk |
 PFLTPennantPark Floating… | $888M | 13.5% | 1.7% | 3 | Sustainable |
2nd  FSKFS KKR Capital Corp. | $3.1B | 25.6% | 71.3% | 0 | Watch |
 OBDCBlue Owl Capital Cor… | $5.7B | 13.0% | 1.2% | 0 | Sustainable |
TCPC Annual Dividend History (2009–2026)
18 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.17 | — | 1 | — | — | — | 1.5% |
| 2025 | $1.12 | -23.3% | 4 | $-1.05 | — | — | 10.1% |
| 2024 | $1.46 | -13.6% | 4 | $-0.79 | — | — | 13.1% |
| 2023 | $1.69 | 33.1% | 4 | $0.67 | 252.2% | 0.40x | 15.2% |
| 2022 | $1.27 | 5.8% | 5 | $-0.16 | — | — | 11.4% |
| 2021 | $1.20 | -9.1% | 4 | $2.32 | 51.7% | 1.93x | 10.8% |
| 2020 | $1.32 | -8.3% | 4 | $1.23 | 107.3% | 0.93x | 11.9% |
| 2019 | $1.44 | 0.0% | 4 | $0.52 | 276.9% | 0.36x | 12.9% |
| 2018 | $1.44 | 0.0% | 4 | $0.77 | 187.0% | 0.53x | 12.9% |
| 2017 | $1.44 | 0.0% | 4 | $1.19 | 121.0% | 0.83x | 12.9% |
See TCPC's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonTCPC — Frequently Asked Questions
Quick answers to the most common questions about buying TCPC stock.
How much dividend does TCPC pay per share?
BlackRock TCP Capital Corp. (TCPC) pays a trailing 12-month dividend of $1.12 per share, with a current dividend yield of +25.7%. Payments are made Annual.
When is TCPC's next ex-dividend date?
TCPC's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. TCPC typically pays dividends Annual.
Is TCPC's dividend safe?
TCPC's dividend safety is rated "Unknown" based on an earnings payout ratio of N/A and FCF payout ratio of +39.8%. The dividend history does not yet show a prolonged growth streak.
How many years has TCPC increased its dividend?
TCPC has not maintained a consecutive growth streak recently. The 5-year dividend CAGR is -3.2%.
How often does TCPC pay dividends?
BlackRock TCP Capital Corp. pays dividends Annual. The trailing 12-month total is $1.12 per share. Dividend data on this page covers 14+ years from 2012 to 2026.
How much would $10,000 invested in TCPC grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in TCPC five years ago would be worth approximately $7,581 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is TCPC's yield on cost for long-term holders?
TCPC's yield on cost — the current dividend divided by the original purchase price — is +10.1% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +25.7% market yield, thanks to the lower original cost basis.