14-day Premium Trial Subscription Try For FreeTry Free

TCP Capital Corp. Stock Dividends Overview

TCPC pays dividends quarterly. Last paid amount was $0.340 at Mar 29, 2024. As of today, dividend yield (TTM) is 15.24%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
AI Analysis of TCPC
Powered by GPT-4
New!
Dividend Analysis

Key Stats

Dividend Yield (TTM) 15.24%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.340
Next Ex-Dividend Date Jun 14, 2024
Next Payment Date Jun 28, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from TCPC the purchase should be done within the next 37 days.
Here's a simple guide on how to buy TCPC stock.

TCPC Dividend Payout History

To ensure a understanding of TCPC's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 01, 2024 Jun 14, 2024 Jun 28, 2024 $0.340 3.25%
2 Feb 27, 2024 Mar 13, 2024 Mar 29, 2024 $0.340 3.26%
3 Nov 02, 2023 Dec 14, 2023 Dec 29, 2023 $0.590 5.11%
4 Aug 03, 2023 Sep 14, 2023 Sep 29, 2023 $0.440 3.75%
5 May 04, 2023 Jun 15, 2023 Jun 30, 2023 $0.340 3.12%
6 Feb 28, 2023 Mar 16, 2023 Mar 31, 2023 $0.320 3.11%
7 Nov 03, 2022 Dec 28, 2022 Dec 30, 2022 $0.0500 0.386%
8 Nov 03, 2022 Dec 15, 2022 Dec 30, 2022 $0.320 2.47%
9 Aug 03, 2022 Sep 15, 2022 Sep 30, 2022 $0.300 2.74%
10 May 04, 2022 Jun 15, 2022 Jun 30, 2022 $0.300 2.39%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (84.50%)

Growth potential

Stable (3.18%)

TCPC Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from TCPC dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in TCPC stock here.

Comparing TCPC to Sector and Country

TCPC pays a solid dividend yield of 15.24%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.85%). TCPC’s dividend yield is higher than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.10%).

TCPC Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
TCP Capital Corp. 894.427M $0.340 15.24% 509.37%
CCD
Calamos Dynamic Convertible & Income Fund 587.156M $0.195 11.39% -319.52%
Horizon Bancorp (IN) 549.184M $0.160 5.53% 89.51%
Northfield Bancorp 409.074M $0.130 5.05% 52.47%
Community Trust Bancorp 789.852M $0.460 4.70% 31.44%
Univest Corporation of Pennsylvania 648.661M $0.210 4.46% 35.63%
The First Bancshares 783.82M $0.250 3.73% 26.47%
United Fire Group 588.203M $0.160 3.06% -54.42%
National Western Life Group 1.683B $0.360 0.0747% -

FAQ

What factors can affect the amount of TCPC's dividend payments?
The amount of TCPC's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in TCPC sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from TCPC stock be automatically reinvested?
If TCPC offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy TCPC stock.

How often does TCPC pay dividend?
TCP Capital Corp. (TCPC) pays dividends quarterly. The most recent payout was on Mar 29, 2024. The upcoming dividend Ex Date is Jun 14, 2024, with an amount of $0.340.

How much does TCPC pays per share?
The last recorder (Mar 13, 2024) dividend per share was $0.340.

What is TCPC dividend growth rate?
Over the last year, TCP Capital Corp. has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 4.26%. Furthermore, examining the past 5 years, TCP Capital Corp. has maintained an average Dividends Per Share Growth Rate of -1.14%.
Click to get the best stock tips daily for free!

About TCP Capital Corp.

TCP Capital . BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, 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,... TCPC Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT