1. Q2 2025 NII per share was $0.42, up from $0.41. 2. Total declared dividends of $0.39 per share yield 10.4%. 3. NAV decreased to $15.03 primarily due to write-downs. 4. New investment commitments were $1.1 billion in Q2 2025. 5. Non-accrual investments were stable at 0.7% of the portfolio.
The growth in net investment income and substantial dividend yield indicate positive operational stability for OBDC. Historically, similar increases have supported stock performance.
The comprehensive increase in income and stable dividends is likely to enhance investor sentiment and confidence, attracting more capital to the stock.
Immediate investor confidence may lead to stock price increases; however, longer-term sustainability relies on continued performance and market conditions.
"OBDC delivered another quarter of solid earnings and generated a 10.6% annualized return on adjusted net investment income," said Craig W. Packer, Chief Executive Officer. "The fundamental performance of the portfolio remains strong, driving our earnings power and positioning OBDC to generate attractive risk-adjusted returns across any economic environment."
The Board declared a third quarter 2025 regular dividend of $0.37 per share for stockholders of record as of September 30, 2025, payable on or before October 15, 2025.
The Board also declared a second quarter 2025 supplemental dividend of $0.02 per share, related to the Company's second quarter 2025 earnings, for stockholders of record as of August 29, 2025, payable on or before September 15, 2025.
As Of And For the Three Months Ended:
As of June 30, 2025, the Company had investments in 233 portfolio companies across 30 industries, with an aggregate portfolio size of $16.9 billion at fair value and an average investment size of $72.4 million at fair value.
Investment income increased to $485.8 million for the three months ended June 30, 2025 from $464.6 million for the three months ended March 31, 2025, primarily due to an increase in prepayment related income and accelerated amortization of upfront fees from unscheduled paydowns, which are non-recurring in nature.
The conference call will be broadcast live on August 7, 2025 at 10:00 a.m. Eastern Time on the News & Events section of OBDC's website at www.blueowlcapitalcorporation.com. Please visit the website to test your connection before the webcast.
Blue Owl Capital Corporation (NYSE: OBDC) is a specialty finance company focused on lending to U.S. middle-market companies. As of June 30, 2025, OBDC had investments in 233 portfolio companies with an aggregate fair value of $16.9 billion. OBDC has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended.
Investor Contact: BDC Investor Relations Michael Mosticchio [email protected]
Media Contact: Prosek Partners Josh Clarkson [email protected]