BDCs Cut Dividends as Credit Stress Emerges While Block Surges 20% on Fintech Split
BlackRock TCP Capital and MidCap Financial slashed dividends in late February 2026, signaling deteriorating credit conditions in business development companies. The fintech sector split sharply: Block jumped 20% while Duolingo plunged on weak guidance, as oil hit $5,250 per barrel amid Middle East tensions.
ViaNews Editorial Team (Finance)•