---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-029661"
form_type: "8-K"
ticker: "OBDC"
cik: "0001655888"
company_name: "Blue Owl Capital Corp"
filed_at: "2025-02-19T23:59:59+00:00"
generated_at: "2026-05-26T11:56:49.202716+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Blue Owl Capital Corp Q4 NII $0.47/sh, NAV $15.26; merges with OBDE, ATM up to $750M

## Summary
- Q4 net investment income $0.47 per share, covering regular $0.37 dividend; supplemental $0.05 declared.
- Net asset value $15.26 per share, down $0.02 from prior quarter; non-accruals improved to 0.4% of portfolio.
- Merger with OBDE closed Jan 13, 2025; pro forma total assets exceed $18B, making OBDC second largest BDC.
- Board authorized ATM program to issue up to $750M of common stock; filing expected shortly.
- Q1 2025 regular dividend set at $0.37/share; total Q4 dividends $0.42/share (11.0% annualized yield on NAV).

## SEC filing metadata
- accession: 0001193125-25-029661
- form_type: 8-K
- ticker: OBDC
- cik: 0001655888
- company_name: Blue Owl Capital Corp
- filed_at: 2025-02-19T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1655888/000119312525029661/0001193125-25-029661-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1655888/000119312525029661/d870083d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-029661
- JSON: https://secwatch.observer/filing/0001193125-25-029661.json
- Plain text: https://secwatch.observer/filing/0001193125-25-029661.txt

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