BlackRock Capital Investment

BlackRock Capital Investment Corp. is a non-diversified closed-end management investment company. Its investment objective is to generate both current income and capital appreciation through our debt and equity investments. The firm invests primarily in middle-market companies and target investments throughout the capital structure that provide an attractive risk-adjusted return. The company was founded by on April 13, 2005 and is headquartered in New York, NY.

Earnings data Q2 2020

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Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q4 2021

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Earnings data Q2 2024

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TCP Capital

SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (“TCPC”)(NASDAQ: TCPC) today announced the closing of the previously announced merger with BlackRock Capital Investment Corporation (“BCIC”)(NASDAQ:BKCC). The combined company will continue to trade on the Nasdaq Global Select Market under the ticker symbol “TCPC” and continue to be externally managed by its advisor, a wholly-owned, indirect subsidiary of BlackRock, Inc. Rajneesh Vig, Co-Head of US Private Capital (USPC) for Bla.

BlackRock TCP Capital Corp. Announces Completion of Merger With BlackRock Capital Investment Corporation

TCG BDC

Morgan Stanley Direct Lending Fund

Blue Owl Capital Corp III

We take a look at the BDC sector through the second week of March. BDC returns were marginally positive, with some companies significantly dragging down the average weekly return. Q4 saw a significant rise in performance divergence across the sector - an indication of a heightened level of stress by borrowers.

BDC Weekly Review: Portfolio Performance Is Diverging

SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (“TCPC”)(NASDAQ: TCPC) and BlackRock Capital Investment Corporation (“BCIC”)(NASDAQ: BKCC) announced today that the shareholders of each business development company (“BDC”) have voted to approve the necessary proposals related to the merger of TCPC and BCIC at each company's special meeting of shareholders held on March 7, 2024. Shareholders voted overwhelmingly in favor of the proposed transaction, as more than 90% of sharehol.

BlackRock TCP Capital Corp. and BlackRock Capital Investment Corporation Announce Shareholder Approval of Merger

BlackRock Capital Investment Corporation (NASDAQ:BKCC ) Q4 2023 Earnings Call Transcript March 6, 2024 10:00 AM ET Company Participants Laurence D. Paredes - Corporate Secretary James Keenan - Chairman and Interim CEO Nik Singhal - President Chip Holladay - Interim CFO Conference Call Participants Finian O'Shea - Wells Fargo Securities Melissa Wedel - JPMorgan Operator Good morning.

BlackRock Capital Investment Corporation (BKCC) Q4 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--BlackRock Capital Investment Corporation (NASDAQ:BKCC) (“BCIC” or the “Company,” “we,” “us” or “our”) announced today that its Board of Directors declared a quarterly dividend of $0.10 per share, payable in cash on March 29, 2024 to stockholders of record at the close of business on March 15, 2024. Stockholders that participate in the Company's dividend reinvestment plan will receive this dividend in cash and not in shares of the Company's common stock to facilitate t.

BlackRock Capital Investment Corporation Reports Financial Results for the Quarter Ended December 31, 2023, Declares Quarterly Cash Dividend of $0.10 per Share

NEW YORK--(BUSINESS WIRE)--BlackRock Capital Investment Corporation (NASDAQ:BKCC) ("BlackRock Capital Investment" or the "Company") announced today that it will report earnings for the fourth quarter 2023 on Tuesday, March 5, 2024 after the close of the financial markets. BlackRock Capital Investment invites all interested persons to attend its webcast/teleconference at 10:00 a.m. (Eastern Time) on Wednesday, March 6, 2024 to discuss its fourth quarter 2023 financial results. The Company's four.

BlackRock Capital Investment Corporation to Report Fourth Quarter 2023 Earnings on March 5, 2024

Barings BDC Inc

Fidus Investment

FS KKR Capital Corp

Goldman Sachs BDC

Prospect Capital

Runway Growth Finance Corp

Buying a business development company (BDCs) is kinda, sorta like investing like a venture capitalist (VC).

How To Earn Yields Up To 15% From Small Business

BlackRock Capital's portfolio has improved in quality since I last covered the BDC in 2023, with a shift towards first lien positions and a decrease in nonaccrual loans. The merger between BlackRock Capital and BlackRock TCP Capital is expected to result in a better diversified portfolio and operational benefits. Currently, BlackRock Capital trades at a discount to net asset value, but the merger and improving portfolio quality could close this gap.

BlackRock Capital Investment: 10.2% Yield And A Merger Catalyst

BlackRock Capital Investment Corporation announces merger with BlackRock TCP Capital Corp., resulting in lower management fees and potential for NII growth. The BDC remains focused on First-Lien debt and easily covers its dividend with NII, but suffers from an increase in non-accruals. The merger deal is expected to yield advantages, including an enhanced portfolio size and a more diversified investment portfolio.

BlackRock Capital Investment: This 11% BDC Yield Is No Longer A Buy (Downgrade)

BlackRock Capital Investment Corporation (NASDAQ:BKCC ) Q3 2023 Earnings Conference Call November 9, 2023 10:00 AM ET Company Participants Laurence Paredes - General Counsel and Corporate Secretary James Keenan - Chairman and Interim CEO Nik Singhal - President Chip Holladay - Interim Chief Financial Officer and Treasurer Jason Mehring - Managing Director and Investment Committee Conference Call Participants Melissa Wedel - JP Morgan Operator Good morning everyone. My name is Lynette, and I will be your conference facilitator today for the BlackRock Capital Investment Corporation Third Quarter 2023 Earnings Conference Call.

BlackRock Capital Investment Corporation (BKCC) Q3 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--BlackRock Capital Investment Corporation (NASDAQ:BKCC) (“BCIC” or the “Company,” “we,” “us” or “our”) announced today that its Board of Directors declared a quarterly dividend of $0.10 per share, payable on January 8, 2024 to stockholders of record at the close of business on December 15, 2023. “We are pleased to report a continued increase in our NII this quarter which provided a healthy 131% coverage of our dividend. This marked the tenth successive quarter of incre.

BlackRock Capital Investment Corporation Reports Financial Results for the Quarter Ended September 30, 2023, Declares Quarterly Cash Dividend of $0.10 per Share

BlackRock Capital Investment Corp. will benefit from stabilizing higher interest rates. BKCC's credit is largely not fixed rate, allowing it to increase income while expenses on debt remain the same. BKCC has a high book value, offering intrinsic value and the ability to pay dividends regardless of stock price, with potential for share buybacks.

BlackRock Capital Investment: A Misunderstood Deep Value Play

BlackRock Capital Investment Corporation offers a high dividend yield of 12%, but it is likely a poor investment for most investors. BKCC invests in highly speculative debt securities and loans from troubled middle-market companies. The company has a history of poor performance, with a 77% decline in share price since inception and declining dividend distributions.

BlackRock Capital: Could Be Another Yield Trap

NEW YORK--(BUSINESS WIRE)--BlackRock Capital Investment Corporation (NASDAQ:BKCC) ("BlackRock Capital Investment" or the "Company") announced today that it will report earnings for the third quarter 2023 on Wednesday, November 8, 2023 after the close of the financial markets. BlackRock Capital Investment invites all interested persons to attend its webcast/teleconference at 10:00 a.m. (Eastern Time) on Thursday, November 9, 2023 to discuss its third quarter 2023 financial results. The Company's.

BlackRock Capital Investment Corporation to Report Third Quarter 2023 Earnings on November 8, 2023

We take a look at the action in business development companies through the second week of September and highlight some of the key themes we are watching. BDC sector fell around 1% this week and remains close to its longer-term average valuation level. Q2 reporting period showed a strong total NAV return, decrease in non-accruals, and an increase in BDC net income.

BDC Weekly Review: The Sector Put Up A Strong Q2

BlackRock TCP (TCPC) signs a merger agreement with BlackRock Capital (BKCC). The combined company will have better access to capital.

BlackRock TCP (TCPC), BlackRock Capital (BKCC) Sign Merger Deal

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of BlackRock Capital Investment Corporation (NASDAQ: BKCC) and BlackRock TCP Capital Corp. is fair to BlackRock Capital shareholders. Halper Sadeh encourages BlackRock Capital shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation conc.

BKCC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of BlackRock Capital Investment Corporation Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--BlackRock Capital Investment Corporation (“BCIC”) (NASDAQ: BKCC) today announced that it has entered into an amendment (the “Amendment”) to its $265 million senior secured revolving credit agreement (as amended, including by the Amendment, the “Revolving Credit Facility”). The Amendment, among other things: extends the maturity date of the loans made under the Revolving Credit Facility (collectively, the “Loans”) from April 23, 2025 to September 6, 2028; extends the t.

BlackRock Capital Investment Corporation Announces Credit Agreement Amendment

SANTA MONICA, Calif. & NEW YORK--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (“TCPC”) (NASDAQ: TCPC) and BlackRock Capital Investment Corporation (“BCIC”) (NASDAQ: BKCC) today announced that they have entered into a definitive agreement pursuant to which BCIC will merge with and into a wholly owned, indirect subsidiary of TCPC, subject to shareholder approval and customary closing conditions. Following the merger, TCPC will continue to trade on the Nasdaq Global Select Market under the ticker.

BlackRock TCP Capital Corp. and BlackRock Capital Investment Corporation Announce Merger Agreement

BlackRock Capital Investment Corporation (NASDAQ:BKCC ) Q2 2023 Earnings Conference Call August 3, 2023 10:00 AM ET Company Participants Laurence Paredes - General Counsel and Corporate Secretary James Keenan - Chairman and Interim CEO Nik Singhal - President Chip Holladay - Interim Chief Financial Officer and Treasurer Jason Mehring - Managing Director and Investment Committee Conference Call Participants Melissa Wedel - JPMorgan Operator Good morning. My name is Jenny and I will be your conference facilitator today for the BlackRock Capital Investment Corporation Second Quarter 2023 Earnings Call.

BlackRock Capital Investment Corporation (BKCC) Q2 2023 Earnings Call Transcript

BlackRock Kelso Capital (BKCC) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.08 per share a year ago.

BlackRock Kelso Capital (BKCC) Surpasses Q2 Earnings and Revenue Estimates

NEW YORK--(BUSINESS WIRE)--BlackRock Capital Investment Corporation (NASDAQ:BKCC) (“BCIC” or the “Company,” “we,” “us” or “our”) announced today that its Board of Directors declared a quarterly dividend of $0.10 per share, payable on October 6, 2023 to stockholders of record at the close of business on September 15, 2023. “We are pleased to see the successful transformation of the Company's portfolio, which now represents a well diversified pool of income producing assets, with a first lien hea.

BlackRock Capital Investment Corporation Reports Financial Results for the Quarter Ended June 30, 2023, Declares Quarterly Cash Dividend of $0.10 per Share

Ares Capital

ARCC and BKCC both offer investors well-covered 10%+ dividend yields. ARCC has an extremely impressive track record and some of the best management in the BDC sector. However, there are three compelling reasons why BKCC may outperform ARCC moving forward.

Better 10%+ Yield: 3 Reasons Why BlackRock Capital May Outperform Ares Capital

BlackRock Capital Investment's dividend history is unattractive, with a suspension during the pandemic and four cuts over the last ten years. The company's net asset value has not been well managed since its 2007 Nasdaq debut, contributing to a lack of market confidence in its future performance. Despite a high degree of safety in future quarters, the company's history of dividend cuts and unstable net asset value make it a risky investment option.

BlackRock Capital Investment: The 11.7% Yield Has Always Been At Risk

NEW YORK--(BUSINESS WIRE)--BlackRock Capital Investment Corporation (NASDAQ:BKCC) ("BlackRock Capital Investment" or the "Company") announced today that it will report earnings for the second quarter 2023 on Wednesday, August 2, 2023 after the close of the financial markets. BlackRock Capital Investment invites all interested persons to attend its webcast/teleconference at 10:00 a.m. (Eastern Time) on Thursday, August 3, 2023 to discuss its second quarter 2023 financial results. The Company's s.

News for BlackRock Capital Investment ETF (BKCC)