TCPC Dividend History & Analysis | 16.4% Yield

TCPC has a dividend yield of 16.4% and paid 1.09 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 16.36%
Payout Ratio 133.3%
Growth Rate CAGR 5y -4.46%
Consistency Lifetime 92.9%
Yield on Cost 5y 13.54%
Payout FCF 58.6%
Streak Years -
Dividend Rating 46.51%
Ex-Dividend in 22 days: Buy before Jun 16, 2026 to receive the next dividend.
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
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.
■ Payout Yield (right) ■ Price (left) ┅┅ Avg Payout Yield

Top Dividend Payers in Asset Management & Custody Banks

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
ECC 533 M 28.42% 36.07%
ECAT 1,511 M 23.72% 35.41%
BCAT 1,615 M 23.57% 33.83%
OXSQ 119 M 23.31% 24.35%
CION 330 M 17.85% 32.41%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
FSCO 1,026 M 105.43% 90.0%
OWL 14,702 M 60.14% 100.0%
BXSL 5,588 M 55.26% 90.8%
ECAT 1,511 M 43.41% 100.0%
VCTR 5,149 M 38.32% 100.0%
Quality Dividend Peers in Asset Management & Custody Banks VCTR Victory Capital Holdings
3.01% Yield AMUN
6.11% Yield BSTZ BlackRock Science
12.52% Yield BK The Bank of New York Mellon
1.86% Yield NTRS Northern Trust
2.51% Yield APAM Artisan Partners Asset
11.03% Yield
TCPC Dividend History: Last 50 Payments (USD) as of May 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-16 2026-06-16 2026-06-30 0.17 0% N/A
2026-03-17 2026-03-17 2026-03-31 Quarterly 0.17 -32% 4.9%
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% N/A
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 0% N/A

TCPC Dividend FAQ

What is the Dividend Yield of TCPC?

As of May 2026, TCPC's dividend yield is 16.36%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.09 USD by the current share price of 3.72.

Does TCPC pay a dividend?

As of May 2026, TCPC paid a dividend of 1.09 USD in the last 12 months. The last dividend was paid on 2026-06-16 and the payout was 0.17 USD.

How often does TCPC pay dividends?

TCPC pays dividends quarterly. Over the last 12 months, TCPC has issued 5 dividend payments. The last dividend payment was made on 2026-06-16.

TCPC dividend forecast

Based on historical data, the forecasted dividends per share for TCPC for the next payments are between 0.232 (+36.5%) and 0.242 (+42.4%). This represents a strong dividend growth compared to the last payment. The expected Yield for the next 12 months is about 25.4%.

Will TCPC pay dividends in 2026?

The latest dividend paid per share was 0.17 USD with an Ex-Dividend Date of 2026-06-16. The next Ex-Dividend date for BlackRock TCP Capital (TCPC) is 2026-06-16.

What is the next Ex-Dividend Date for TCPC?

The next Ex-Dividend date for BlackRock TCP Capital (TCPC) is 2026-06-16.

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 13.5%. If you bought TCPC's shares at 8.05 USD five years ago, your current annual dividend income (1.09 USD per share, trailing 12 months) equals 13.5% 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 16.36% 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 133.3%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of TCPC?

TCPC's Overall Dividend Rating is 46.51%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

TCPC Outstanding Shares Analysis
The Chart shows the outstanding shares over time per year.
What is the Trend in TCPC's Outstanding Shares?

BlackRock TCP Capital's outstanding shares have increased by approximately 18.31% annually over the past 3 years (Trend Reliability: -24.4%). 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 0%
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 0%
2022 57,767,300 0%
2023 57,767,300 0%
2024 85,326,000 +47.71%
2025 84,988,500 -0.4%
2026 84,335,000 -0.77%

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: 2026-05-21 03:04 UTC