BDC Dividend Cuts Hit MidCap Financial and BlackRock TCP Capital, Triggering 8-9% Stock Declines
MidCap Financial and BlackRock TCP Capital both slashed dividends in late February 2026, sending their shares down 8-9%. The simultaneous cuts by Apollo-sponsored and BlackRock-sponsored business development companies signal deteriorating credit conditions in middle-market lending rather than isolated problems.
ViaNews Editorial Team (Markets)•