SmarterDividends
OWL

Blue Owl Capital Inc.

OWL

Financial Services · Asset Management · Stock · quarterly payer

$8.85

Undervalued · +18% Add to Portfolio

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 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.

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-dateChangeOld → newMove
May 13, 2026Raise$0.225 → $0.230+2.2%
May 14, 2025Raise$0.180 → $0.225+25.0%
May 20, 2024Raise$0.140 → $0.180+28.6%
May 18, 2023Raise$0.130 → $0.140+7.7%
Feb 23, 2023Raise$0.120 → $0.130+8.3%
Nov 18, 2022Raise$0.110 → $0.120+9.1%
Aug 19, 2022Raise$0.100 → $0.110+10.0%
Feb 25, 2022Raise$0.0900 → $0.100+11.1%
Nov 19, 2021Raise$0.0400 → $0.0900+125.0%
OWL ex-dividend date & scheduleNext ex-date Aug 13, 2026 · full ex-dividend historyView →OWL dividend historyEvery payment, totals by year, raises and cutsView →

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.