secwatch.observer — SEC 8-K summary
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Issuer:     Blue Owl Capital Corp (OBDC)
CIK:        0001655888
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001655888-26-000034
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Owl Capital Q1 adj. NII $0.31/share; base dividend cut to $0.31
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- GAAP NII per share $0.32; adjusted NII per share $0.31, down from $0.36 prior quarter.
- NAV per share $14.41 vs $14.81 at Dec 31, 2025, due to credit spread widening.
- New investment commitments $676M; sales/repayments $1.5B. Non-accruals stable at 2.0%/1.0%.
- Moody's upgraded OBDC to Baa2; board approved $300M stock buyback, $35M executed in Q1.
- Q2 base dividend set at $0.31/share, adjusted downward; supplemental dividend framework intact.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1655888/000165588826000034/0001655888-26-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1655888/000165588826000034/obdc-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001655888-26-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer