Blue Owl Capital Corporation Reports Second Quarter Net Investment Income Per Share of $0.48 and Net Asset Value Per Share of $15.36
Blue Owl Capital Corporation (OBDC)
Company Research
Source: PR Newswire
NEW YORK, Aug. 7, 2024 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC, or the "Company") today announced financial results for its second quarter ended June 30, 2024.SECOND QUARTER 2024 HIGHLIGHTSSecond quarter net investment income ("NII") per share of $0.48, exceeded the regular dividend by approximately 30%Based on OBDC's supplemental dividend framework, the Board of Directors (the "Board") declared a second quarter supplemental dividend of $0.06 per shareTotal dividends for the second quarter were $0.43 per share, representing an 11.2% annualized dividend yield based on second quarter net asset value ("NAV") per shareNAV per share of $15.36, up $0.10 compared to June 30, 2023As a result of elevated originations and net fundings in the second quarter, net debt-to-equity increased to 1.20x as of June 30, 2024, up from 1.04x as of March 31, 2024Also announced today that OBDC entered into a definitive merger agreement with Blue Owl Capital Corporation III (NYSE: OBDE)"OBDC d
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