Blue Owl Q2 2023 Earnings Report
Key Takeaways
Blue Owl Capital Corporation reported second quarter net investment income of $0.48 per share and net asset value per share of $15.26. The company achieved record net investment income for the second straight quarter and delivered strong credit performance.
Second quarter net investment income was $0.48 per share, representing the second consecutive quarter of record NII.
The Board declared a second quarter supplemental dividend of $0.07 per share.
Total dividends for the second quarter were $0.40 per share, a 30% increase from the same period a year ago.
Net asset value per share increased to $15.26 compared to $15.15 as of March 31, 2023.
Blue Owl
Blue Owl
Forward Guidance
The Company can generate an ROE in excess of 12% for 2023 based on our current outlook for rates and credit performance.