SmarterDividends
OBDC

Blue Owl Capital Corporation

OBDC

Financial Services · Stock · quarterly payer

Forward Yield

12.57%

Annual Dividend

$1.42

Payout Ratio

216%

5-Yr Growth

-1.0%

Ex-Date

Jun 30, 2026

Frequency

Quarterly

OBDC Dividend Safety Score

43/ 100
Grade D

Risky

Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage216% of earnings paid out
Free-cash-flow coverage150% of free cash flow
Balance-sheet strengthDebt/equity of 1.18
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is OBDC a good dividend stock?

Mixed

Blue Owl Capital Corporation (OBDC) pays a quarterly dividend yielding 12.57% ($1.42/yr), with 2 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2025
    • Elevated payout ratio (216%)
    • Dividend has been shrinking, not growing
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    12.57%
    Payout Ratio
    216%
    Annual Dividend
    $1.42
    5-Yr Avg Growth
    -1.0%
    Ex-Dividend Date
    Jun 30, 2026
    Years of Growth
    2
    Frequency
    quarterly
    Beta
    0.67
    Market Cap
    $5.6B
    P/E Ratio
    16.1
    5-Yr Total Return
    -23%
    52-Week Range
    $10.52 – $15.19
    Dividend Safety
    D · 43/100
    Ever Cut?
    Yes (2025)
    OBDC ex-dividend date & scheduleNext ex-date Jun 30, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $1.42 / yr per share

    Per payment (quarterly)$35.50
    Annual$142.00
    Monthly avg$11.83