Credit Stress Hits BDCs as Dividends Cut 8-9% While AI Funding Surges to $110 Billion
Business development companies BlackRock TCP Capital and MidCap Financial slashed dividends in late February 2026, sending shares down 8-9% as credit conditions tightened. The downgrades contrast sharply with OpenAI's record $110 billion funding round and Block's 20% after-hours surge, revealing a bifurcated market where AI infrastructure attracts capital while traditional credit markets face stress.
ViaNews Editorial Team (Finance)•