BlackRock Capital Investment Corporation Reports Financial Results for the Quarter Ended March 31, 2021, Declares Quarterly Cash Distribution of $0.10 per Share

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BlackRock Capital Investment Corporation (NASDAQ:BKCC) (“BCIC” or the “Company,” “we,” “us” or “our”) announced today that its Board of Directors declared a quarterly distribution of $0.10 per share, payable on July 7, 2021 to stockholders of record at the close of business on June 16, 2021.

“We continued to successfully execute on our strategic goal of reducing non-core holdings,” said James E. Keenan, Chairman and Interim CEO of the Company. “We are positioning the Company for long-term strength and stable earnings. At quarter end, only 8% of our total portfolio was comprised of non-core legacy assets, with near term visibility into further reductions.”

 

March 31, 2021

December 31, 2020

December 31, 2019

Portfolio Composition

 

 

 

First Lien Debt

62%

50%

34%

Second Lien Debt

24%

27%

23%

Junior Capital1

14%

23%

43%

 

 

 

 

Portfolio Company Count

60

55

47

Non-Core Assets

 

 

 

Portfolio Company Count2