---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-134266"
form_type: "8-K"
ticker: null
cik: "0001807427"
company_name: "Blue Owl Capital Corp III"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T12:23:49.463520+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Blue Owl Capital Corp III Q1 NII $0.39; NAV per share record $15.65; declares special dividends

## Summary
- NII per share $0.39, exceeding $0.35 regular dividend; NAV per share rose to $15.65 from $15.56.
- New investment commitments $736.4M in Q1; portfolio fair value $4.0B across 188 companies.
- Declared 5 special dividends of $0.06/share quarterly from Q2 2024; 10.5% annualized yield on NAV.
- Net debt-to-equity increased to 1.04x from 0.86x; weighted average debt rate 7.0%.
- Non-accrual loans minimal at 0.3% of debt portfolio fair value.

## SEC filing metadata
- accession: 0001193125-24-134266
- form_type: 8-K
- cik: 0001807427
- company_name: Blue Owl Capital Corp III
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1807427/000119312524134266/0001193125-24-134266-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1807427/000119312524134266/d837790d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-134266
- JSON: https://secwatch.observer/filing/0001193125-24-134266.json
- Plain text: https://secwatch.observer/filing/0001193125-24-134266.txt

## Key facts
- Earnings Releases
  Blue Owl Capital Corp III reported financial results for first quarter ended March 31, 2024.
  - Period: first quarter ended March 31, 2024
  - Result: reported results
  source text: On May 8, 2024, Blue Owl Capital Corporation III (the “Company”) issued a press release announcing its financial results for the first quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1807427/000119312524134266/0001193125-24-134266-index.htm

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