---
schema_version: "secwatch.filing_event.v1"
accession: "0001655888-23-000011"
form_type: "8-K"
ticker: "OBDC"
cik: "0001655888"
company_name: "Blue Owl Capital Corp"
filed_at: "2023-02-22T23:59:59+00:00"
generated_at: "2026-06-19T05:02:04.291046+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Owl Rock Capital Q4 NII $0.41/share beats dividend; NAV rises to $14.99

## Summary
- Q4 NII of $0.41/share exceeded the $0.33 dividend by ~25%; total Q4 dividends $0.37/share.
- NAV per share increased to $14.99 from $14.85 at Sept 30, 2022; NII ROE 11.0% vs 9.3% prior year.
- Full-year investment income rose to $1.2B from $1.0B; Q4 investment income $350.5M vs $281.6M.
- Weighted average yield on debt at fair value 11.5% (up from 10.2% in Q3); non-accruals 1.3% of debt portfolio.
- Board declared Q1 2023 dividend $0.33/share and Q4 2022 supplemental $0.04/share; $52M stock repurchased.

## SEC filing metadata
- accession: 0001655888-23-000011
- form_type: 8-K
- ticker: OBDC
- cik: 0001655888
- company_name: Blue Owl Capital Corp
- filed_at: 2023-02-22T23:59:59+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/1655888/000165588823000011/0001655888-23-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1655888/000165588823000011/orcc-20230222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001655888-23-000011
- JSON: https://secwatch.observer/filing/0001655888-23-000011.json
- Plain text: https://secwatch.observer/filing/0001655888-23-000011.txt

## Key facts
- Earnings Releases
  Blue Owl Capital Corp reported the fiscal year ended December 31, 2022 results: revenue $1.2 billion.
  - Period: the fiscal year ended December 31, 2022
  - Revenue: $1.2 billion
  - Result: reported results
  source text: Investment income increased to $1.2 billion for the full year ended December 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1655888/000165588823000011/0001655888-23-000011-index.htm
- Earnings Releases
  Blue Owl Capital Corp reported the fourth quarter ended December 31, 2022 results: EPS $0.41 per share.
  - Period: the fourth quarter ended December 31, 2022
  - EPS: $0.41 per share
  - Result: reported results
  source text: Fourth quarter NII of $0.41 per share exceeded the fourth quarter dividend of $0.33 per share by approximately 25%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1655888/000165588823000011/0001655888-23-000011-index.htm

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