Blue Owl Capital Inc. (OWL) To Go Ex-Dividend on May 13th

Blue Owl Capital Inc. (NYSE:OWL) announced a quarterly dividend on Tuesday, April 28th. Investors of record on Wednesday, May 13th will be paid a dividend of 0.23 per share on Wednesday, May 27th. This represents a c) annualized dividend and a dividend yield of 8.7%. The ex-dividend date of this dividend 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 dividend payout ratio of 87.6% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Research 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 Price Performance

Shares of OWL opened at $10.57 on Monday. Blue Owl Capital has a one year low of $7.95 and a one year high of $21.08. The firm has a market capitalization of $16.44 billion, a P/E ratio of 88.11, a PEG ratio of 1.11 and a beta of 1.19. The business has a fifty day moving average of $9.39 and a 200 day moving average of $12.89.

Blue Owl Capital (NYSE:OWL) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.19 EPS for the quarter, hitting the consensus estimate of $0.19. Blue Owl Capital had a return on equity of 21.97% and a net margin of 2.96%.The company had revenue of $699.88 million during the quarter, compared to analyst estimates of $687.23 million. Analysts expect that Blue Owl Capital will post 0.88 EPS for the current fiscal year.

Key Blue Owl Capital News

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.