
Blue Owl Capital Inc.
OWLFinancial Services · Asset Management · Stock · quarterly payer
Forward Yield
10.28%
Annual Dividend
$0.91
Payout Ratio
754%
5-Yr Growth
—
Ex-Date
Aug 13, 2026
Frequency
Quarterly
Key facts about OWL's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Blue Owl Capital Inc. (OWL) has a forward dividend yield of 10.28%, based on an annual dividend of $0.91 per share and a share price of $8.85.
- As of Oct 18, 2026, OWL's dividend safety grade from SmarterDividends is C (63 out of 100), which rates the dividend as borderline.
- By SmarterDividends' count, Blue Owl Capital Inc. (OWL) has raised its dividend for 4 consecutive years as of Oct 18, 2026.
- OWL has never cut its regular dividend in the payment history SmarterDividends has on record.
- OWL's most recent ex-dividend date was Aug 13, 2026, for a dividend of $0.23 per share.
- As of Oct 18, 2026, OWL's 10.28% yield is 196% above its five-year average yield of 3.47%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for OWL is $10.41 per share, 18% above the $8.85 share price, so OWL screens as undervalued.
- Blue Owl Capital Inc. (OWL) pays its dividend quarterly, 4 times a year.
- Blue Owl Capital Inc. (OWL) has raised its regular dividend 9 times and cut it 0 times across the 21 payments on record since 2021. Its most recent change was a 2.2% increase to $0.230 per share, going ex-dividend on May 13, 2026.
Cite this page
SmarterDividends, "OWL Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/OWL
Summary
As of Oct 18, 2026, Blue Owl Capital Inc. (OWL) yields 10.28% ($0.91 a year per share), has a dividend safety grade of C (63/100) and has 4 consecutive years of dividend increases on record.
Is OWL a good dividend stock?
Yes, with caveatsBlue Owl Capital Inc. (OWL) pays a quarterly dividend yielding 10.28% ($0.91/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
Risks
- Elevated payout ratio (754%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 10.28%
- Payout Ratio
- 754%
- Annual Dividend
- $0.91
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Aug 13, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 1.33
- Market Cap
- $13.9B
- P/E Ratio
- 73.8
- 5-Yr Total Return
- -42%
- 52-Week Range
- $7.95 – $17.30
- Dividend Safety
- C · 63/100
- Ever Cut?
- No
OWL dividend raises and cuts
Blue Owl Capital Inc. (OWL) has raised its regular dividend 9 times and cut it 0 times across the 21 payments on record since 2021. Its most recent change was a 2.2% increase to $0.230 per share, going ex-dividend on May 13, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 13, 2026 | Raise | $0.225 → $0.230 | +2.2% |
| May 14, 2025 | Raise | $0.180 → $0.225 | +25.0% |
| May 20, 2024 | Raise | $0.140 → $0.180 | +28.6% |
| May 18, 2023 | Raise | $0.130 → $0.140 | +7.7% |
| Feb 23, 2023 | Raise | $0.120 → $0.130 | +8.3% |
| Nov 18, 2022 | Raise | $0.110 → $0.120 | +9.1% |
| Aug 19, 2022 | Raise | $0.100 → $0.110 | +10.0% |
| Feb 25, 2022 | Raise | $0.0900 → $0.100 | +11.1% |
| Nov 19, 2021 | Raise | $0.0400 → $0.0900 | +125.0% |
Frequently Asked Questions
Is OWL a good dividend stock?
Yes, with caveats. Blue Owl Capital Inc. (OWL) pays a quarterly dividend yielding 10.28% ($0.91/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Is OWL undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, OWL's fair value is about $10.41 versus a $8.85 share price — so it looks undervalued (+18% vs. fair value).
Is OWL's dividend safe?
OWL has a dividend-safety grade of C (63/100), based on its payout coverage, free-cash-flow, 4-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is OWL's fair value?
Our blended fair-value estimate for OWL is about $10.41 per share, roughly 18% above the current $8.85 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is OWL a buy, hold, or sell?
We don't issue formal ratings, but on the data OWL screens as "yes, with caveats" and undervalued. Blue Owl Capital Inc. (OWL) pays a quarterly dividend yielding 10.28% ($0.91/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will OWL cut its dividend?
OWL earns a dividend-safety grade of C (63/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does OWL pay a dividend?
Yes. Blue Owl Capital Inc. pays a quarterly dividend of about $0.91 per share annually, a forward yield of roughly 10.28%.
What is OWL's dividend yield?
As of Oct 18, 2026, OWL's forward dividend yield is 10.28%, based on a $0.91 annual dividend and a $8.85 share price.
What is OWL's dividend per share?
As of Oct 18, 2026, OWL pays $0.91 per share per year, distributed on a quarterly basis.
What is OWL's dividend payout ratio?
As of Oct 18, 2026, OWL's payout ratio is 754% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has OWL grown its dividend?
As of Oct 18, 2026, OWL has increased its dividend for 4 consecutive years.
When is the next OWL ex-dividend date?
As of Oct 18, 2026, OWL's next ex-dividend date hasn't been announced. The most recent was Aug 13, 2026, for $0.23 per share.
OWL Price — Last 12 Months
Daily close
Price Return
1 Year
-41%
3 Years
-34%
5 Years
-42%
52-Week Range
$7.95 – $17.30
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is OWL worth?
Undervaluedlow confidenceOur blended fair-value estimate for Blue Owl Capital Inc. is $10.41 per share, versus a market price of $8.85. That implies 18% of upside — a margin of safety of about 15%.
Fair Value
$10.41
Current Price
$8.85
Upside
+18%
Margin of Safety
15%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 11.0% discount rate (CAPM), 11.1% growth for five years fading to 2.5% over the next five, $0.12 EPS, $0.91 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
OWL Dividend Safety Score
Borderline
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
Dividend History
Full OWL dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 13, 2026 | Aug 27, 2026 | $0.2300 | regular |
| May 13, 2026 | May 27, 2026 | $0.2300 | regular |
| Feb 20, 2026 | Mar 2, 2026 | $0.2250 | regular |
| Nov 10, 2025 | Nov 24, 2025 | $0.2250 | regular |
| Aug 14, 2025 | Aug 28, 2025 | $0.2250 | regular |
| May 14, 2025 | May 28, 2025 | $0.2250 | regular |
| Feb 19, 2025 | Feb 28, 2025 | $0.1800 | regular |
| Nov 8, 2024 | Nov 22, 2024 | $0.1800 | regular |
| Aug 21, 2024 | Aug 30, 2024 | $0.1800 | regular |
| May 20, 2024 | May 30, 2024 | $0.1800 | regular |
| Feb 22, 2024 | Mar 5, 2024 | $0.1400 | regular |
| Nov 17, 2023 | Nov 30, 2023 | $0.1400 | regular |
| Aug 18, 2023 | Aug 31, 2023 | $0.1400 | regular |
| May 18, 2023 | May 31, 2023 | $0.1400 | regular |
Income Calculator
At $0.91 / yr per share
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