financetom
Business
financetom
/
Business
/
Blue Owl Capital Q3 Net Investment Income Down, Revenue Up; Dividend Maintained
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Blue Owl Capital Q3 Net Investment Income Down, Revenue Up; Dividend Maintained
Nov 9, 2024 11:58 AM

06:23 AM EST, 11/07/2024 (MT Newswires) -- Blue Owl Capital (OBDC) reported Q3 net investment income late Wednesday of $0.47 per diluted share, down from $0.49 a year earlier.

Analysts polled by Capital IQ expected normalized earnings of $0.48.

Revenue for the quarter ended Sept. 30 was $406.0 million, up from $399.0 million a year earlier.

Analysts surveyed by Capital IQ expected $400.5 million.

The company also maintained a quarterly dividend of $0.37 per share, payable Jan. 15 to shareholders as of Dec. 31.

Blue Owl also declared a supplemental dividend of $0.05 per share, payable Dec. 13 to shareholders on Nov. 29.

Price: 15.01, Change: -0.11, Percent Change: -0.73

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved