This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

BlackRock Kelso Capital Corporation Declares Regular Quarterly Dividend Of $0.26 Per Share, Announces September 30, 2012 Quarterly Financial Results

Stocks in this article: BKCC

Computations for the periods below are derived from the Company's financial statements as follows:

 
       

Three months

ended

September 30, 2012

   

Three months

ended

September 30, 2011

   

Nine months

ended

September 30, 2012

   

Nine months

ended

September 30, 2011

 
 
GAAP incentive management fee expense based on Income $ $ $ 2,213,859 $
GAAP incentive management fee expense based on Gains 2,963,803 2,963,803
Incremental incentive management fee expense based on Income 5,013,423 2,956,399 11,425,802 8,070,524
 
Pre-Incentive Fee 1 :
Net Investment Income $ 26,902,075 $ 20,964,613 $ 68,309,524 $ 61,580,481
Net Increase in Net Assets from Operations 17,292,910 12,937,484 58,573,294 69,870,752
Net Investment Income per share 0.37 0.29 0.93 0.84
Net Increase in Net Assets from Operations per share 0.23 0.18 0.80 0.96
 
GAAP Basis:
Net Investment Income $ 23,938,272 $ 20,964,613 $ 65,345,721 $ 61,580,481
Net Increase in Net Assets from Operations 14,329,107 12,937,484 55,609,491 69,870,752
Net Investment Income per share 0.32 0.29 0.89 0.84
Net Increase in Net Assets from Operations per share 0.19 0.18 0.76 0.96
 
As Adjusted 2 :
Net Investment Income $ 21,888,652 $ 18,008,214 $ 59,097,581 $ 53,509,957
Net Increase in Net Assets from Operations 12,279,487 9,981,085 49,361,351 61,800,228
Net Investment Income per share 0.30 0.25 0.80 0.73
Net Increase in Net Assets from Operations per share 0.17 0.14 0.67 0.85
 

Pre-Incentive Fee 1 : Amounts reflect the Company's ongoing operating results and are the most effective indicator of the Company's financial performance over time. Amounts are adjusted to remove the incentive management fee expense based on Gains, as required by GAAP.

As Adjusted 2: Amounts are adjusted to remove the incentive management fee expense based on Gains, as required by GAAP, and to include the incremental incentive management fee expense based on Income. The incremental incentive management fee is based on the formula the Company utilizes for each trailing four-fiscal quarter period, with the formula applied to the current quarter's incremental earnings, and without any reduction for incentive management fees paid during the prior three quarters.

About BlackRock Kelso Capital Corporation

BlackRock Kelso Capital Corporation is a business development company that provides debt and equity capital to middle-market companies.

9 of 11

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,672.60 -141.38 -0.79%
S&P 500 2,051.82 -11.33 -0.55%
NASDAQ 4,757.8790 +7.4820 0.16%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs