BlackRock Capital Investment Corporation Reports Financial Results for the Quarter Ended June 30, 2020, Declares Quarterly Distribution of $0.10 Per Share
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 distribution of $0.10 per share, payable on September 29, 2020 to stockholders of record at the close of business on August 18, 2020. The distributions will be paid in a combination of cash and shares of the Company’s common stock at the election of stockholders, with the total amount of cash to be distributed to all stockholders limited to 20% of the total distributions to be paid to all stockholders. The portion of the distributions not paid in cash will be paid in the form of newly issued shares of the Company’s common stock at the average closing stock price for the Company’s common stock on the five trading days beginning with September 15, 2020 and ending with September 21, 2020 (both days inclusive).