---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-140736"
form_type: "8-K"
ticker: "OBDC"
cik: "0001655888"
company_name: "Blue Owl Capital Corp"
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T06:33:19.455944+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ORCC Q1 NII $0.45/share beats dividend; NAV rises to $15.15

## Summary
- Q1 NII of $0.45/share ($177.9M) exceeded total dividend of $0.39/share; record quarterly NII.
- NAV per share increased to $15.15 from $14.99 at Dec 31, 2022.
- Board declared Q2 regular dividend $0.33/share (record June 30, payable July 14) and Q1 supplemental $0.06 (record May 31).
- Repurchased $49.1M of ORCC stock in Q1 at avg $12.22; $73.7M total under $150M program as of May 10.

## SEC filing metadata
- accession: 0001193125-23-140736
- form_type: 8-K
- ticker: OBDC
- cik: 0001655888
- company_name: Blue Owl Capital Corp
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1655888/000119312523140736/0001193125-23-140736-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1655888/000119312523140736/d466140d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-140736
- JSON: https://secwatch.observer/filing/0001193125-23-140736.json
- Plain text: https://secwatch.observer/filing/0001193125-23-140736.txt

## Key facts
- Earnings Releases
  Blue Owl Capital Corp reported first quarter ended March 31, 2023 results: revenue $377.6 million, EPS $0.45.
  - Period: first quarter ended March 31, 2023
  - Revenue: $377.6 million
  - EPS: $0.45
  - Result: reported results
  source text: representing 0.3% of the total fair value of the debt portfolio. RESULTS OF OPERATIONS FOR THE QUARTER ENDED MARCH 31, 2023 Investment Income Investment income increased to $377.6 million for the three months ended March 31, 2023 from $350.5 million for the three months ended December 31, 2022 primarily due to an increase in our portfolio’s weighted average yield
  evidence_url: https://www.sec.gov/Archives/edgar/data/1655888/000119312523140736/0001193125-23-140736-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.