Blue Owl Capital Q3 Net Investment Income Down, Revenue Up; Dividend Maintained

MT Newswires Live11-07

Blue Owl Capital (OBDC) reported Q3 net investment income late Wednesday of $0.47 per diluted share, down from $0.49 a year earlier.

Analysts polled by Capital IQ expected normalized earnings of $0.48.

Revenue for the quarter ended Sept. 30 was $406.0 million, up from $399.0 million a year earlier.

Analysts surveyed by Capital IQ expected $400.5 million.

The company also maintained a quarterly dividend of $0.37 per share, payable Jan. 15 to shareholders as of Dec. 31.

Blue Owl also declared a supplemental dividend of $0.05 per share, payable Dec. 13 to shareholders on Nov. 29.

Price: 15.01, Change: -0.11, Percent Change: -0.73

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