Blue Owl Capital Inc. (OWL) to Issue Quarterly Dividend of $0.23 on May 27th

Blue Owl Capital Inc. (NYSE:OWL) announced a quarterly dividend on Tuesday, April 28th. Shareholders of record on Wednesday, May 13th will be given a dividend of 0.23 per share on Wednesday, May 27th. This represents a c) dividend on an annualized basis and a yield of 8.7%. The ex-dividend date is Wednesday, May 13th. This is a 2.2% increase from Blue Owl Capital’s previous quarterly dividend of $0.23.

Blue Owl Capital has a payout ratio of 87.6% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Analysts expect Blue Owl Capital to earn $1.01 per share next year, which means the company should continue to be able to cover its $0.92 annual dividend with an expected future payout ratio of 91.1%.

Blue Owl Capital Stock Performance

OWL stock opened at $10.57 on Monday. The stock has a market capitalization of $16.44 billion, a price-to-earnings ratio of 88.11, a PEG ratio of 1.11 and a beta of 1.19. Blue Owl Capital has a 1 year low of $7.95 and a 1 year high of $21.08. The stock’s fifty day moving average is $9.39 and its two-hundred day moving average is $12.89.

Blue Owl Capital (NYSE:OWL) last posted its earnings results on Thursday, April 30th. The company reported $0.19 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.19. The company had revenue of $699.88 million for the quarter, compared to analysts’ expectations of $687.23 million. Blue Owl Capital had a return on equity of 21.97% and a net margin of 2.96%. As a group, analysts predict that Blue Owl Capital will post 0.88 EPS for the current fiscal year.

Trending Headlines about Blue Owl Capital

Here are the key news stories impacting Blue Owl Capital this week:

• Positive Sentiment: Blue Owl is being highlighted for its high dividend yield, recent dividend hike, and strong AUM growth, with first-quarter assets under management rising to $314.9 billion, up 15% year over year, supporting fee-related earnings growth. Blue Owl Capital’s Dividend Hike, Strong AUM Growth, And Fat Yield
• Positive Sentiment: Blue Owl’s private credit fund reportedly realized a gain from its SpaceX stake, which may reinforce confidence in underwriting and portfolio performance. Blue Owl private credit fund realizes gain from SpaceX stake, exec says
• Neutral Sentiment: The company is preparing its first fund focused on buying secondhand private credit, signaling a potential growth avenue but also continued exposure to a complex and evolving market. Blue Owl Prepares First Fund to Buy Secondhand Private Credit
• Neutral Sentiment: Management said the firm will reduce software exposure in its private credit fund as AI-related uncertainty weighs on sector valuations, a defensive move rather than a major earnings catalyst. Blue Owl private credit fund will lower software exposure, CEO says
• Negative Sentiment: Multiple reports say Blue Owl-linked private credit funds cut dividends and saw declines in income and asset values, reinforcing investor concerns about stress in the broader private credit market. Blue Owl private credit funds cut dividends as borrowing costs rise
• Negative Sentiment: Blue Owl BDCs also bought back shares while loan values sank, which can support the stock but also underscores pressure on underlying asset values. Blue Owl BDCs Buy Back $85 Million of Shares as Loan Values Sink

Blue Owl Capital Company Profile

Blue Owl Capital is a global alternative asset manager that focuses on private credit, direct lending and equity-related strategies for institutional investors. Headquartered in New York, the firm develops and manages a range of private markets products designed to provide capital solutions to middle-market and larger corporate borrowers, as well as liquidity and partnership arrangements with private equity firms and other alternative managers.

Its core activities include direct lending and credit strategies that provide senior, unitranche and other structured loan products to companies across industries.