blackrock kelso capital corp (BKCC) Snapshot

BlackRock Kelso Capital Corporation Presents at Wells Fargo Specialty Finance Conference, May-16-2013 . Venue: InterContinental Times Square, New York, New York, United States.

BlackRock Kelso Capital Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the period, the company reported total interest income of $28,323,661 against $29,393,095 for the same period in the last year. Total investment income was $31,129,502 against $33,206,665 for the same period in the last year. Net investment income was $12,964,078 against $19,024,212 for the same period in the last year. Net increase in net assets resulting from operations was $29,797,139 against $20,298,244 for the same period in the last year. Net investment income per diluted share was $0.17 against $0.26 for the same period in the last year. Net increase in net assets from operations per share was $0.40 against $0.28 for the same period in the last year. Adjusted net investment income was $16,129,948 against $18,648,647 for the same period in the last year. Adjusted net increase in net assets resulting from operations was $32,963,009 against $19,922,679 for the same period in the last year. Adjusted net investment income per share was $0.22 against $0.25 for the same period in the last year. Adjusted net increase in net assets from operations per share was $0.45 against $0.27 for the same period in the last year. Total net realized gain or loss for the three months ended March 31, 2013 and 2012 was a gain of $0.2 million and a loss of $0.3 million, respectively. Net realized gain for the three months ended March 31, 2013 was primarily the result of $0.2 million in net gains realized on foreign currency transactions. Foreign currency gains mainly represent net gains on forward currency contracts used to mitigate the impact that changes in foreign exchange rates would have on its investments denominated in foreign currencies. Net asset value per share at March 31, 2013 was $9.47, an increase of $0.16 per share over a $9.31 net asset value per share at year end. The company announced that its Board of Directors has declared a quarterly dividend of $0.26 per share payable on July 2, 2013 to stockholders of record as of June 18, 2013.

BlackRock Kelso Capital Corporation, Special/Extraordinary Shareholders Meeting, May 09, 2013., at 11:00 Eastern Daylight. Location: 4th floor of 40 East 52nd Street.