12.50 In essence, Blue Owl Capital collects higher interest rates while the risk of default is low. In the last quarter, the weighted average total yield of the portiolio was 12. while the company only pays 5.8% on outstanding debt, providing a strong net interest margin topping 6%. Blue Owl Capital paid a Q1 dividend of $0.42 per share for an annualized dividend of $1.68. The current dividend yield is 10.7% and based on the TTM dividends paid the yield is still a very healthy 10.6%. Jur The company has a n ...

NEW YORK, June 27, 2024 /PRNewswire/ -- Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL), a leading alternative asset manager, today announced several European-based hires within its Institutional Team as it looks to expand its presence across the region. These recent hires are consistent with the firm's commitment to engage more deeply with key clients and prospects across the region. The additional Blue Owl hires include: Antonia O'Connor, the former Head of EMEA Business Development at Magnetar Financial, ...

Blue Owl BDC Benefits From A Higher-For-Longer Fed Blue Owl Capital Corporation (OBDC) 05 0 46 0.48 0:43 0.46 Blue Owl Capital NII per share estimates (TIKR) Blue Owl BDC Has The Scale To Compete Effectively Private credit fund raising (Bloomberg, Deutsche Bank) Blue Owl Capital management provided keen insights into the market environment in Q1. OBDC indicated "lighter activity than expected in the market overall." In addition, M&A activity has remained lower than anticipated. Coupled with the "more active ...

For one thing, with proven dividend stocks, you have a chance to win via two avenues: capital gains and passive income. Granted, any market returns you encounter will probably be limited. Companies that consistently pay out typically have predictable businesses. Unfortunately, predictability tends to share an inverse relationship with outright profitability potential. Source: JHVEPhoto/Shutterstock.com Notably, analysts rate SYY stock a consensus strong buy with an $85.83 average price target. That implies ...

Blue Owl Capital Inc. (OWL) has announced the completion of its acquisition of Prima Capital Advisors from funds managed by Stone Point Capital LLC. The move aims to boost the company's presence in the real estate market and further diversify its offerings on the platform. Additionally, this April, Blue Owl announced the joining of Jesse Hom to lead the newly launched Real Estate Finance Strategy and serve as chief investment officer for the Real Estate platform. Hom's responsibilities would include working ...

Company Overview - Blue Owl Capital Inc. is a leading alternative asset manager with over $174 billion in assets under management as of March 31, 2024 [3] - The company operates across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Estate [3] - Blue Owl aims to provide private capital solutions for long-term growth and offers differentiated alternative investment opportunities to institutional and individual investors [3] Recent Acquisition - On June 7, 2024, Blue Owl announced the completion of its acquisition of Prima Capital Advisers from funds managed by Stone Point Capital LLC [7] - This acquisition was previously announced in April 2024 and is expected to enhance Blue Owl's Real Estate Finance strategy [4][7] Strategic Focus - Blue Owl is anchored by a strong permanent capital base, which supports its investment strategies and growth initiatives [3] - The company employs over 725 experienced professionals globally, emphasizing its commitment to creating exceptional investment opportunities [8]

NEW YORK, May 30, 2024 /PRNewswire/ -- Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL) today announced the pricing of the offering of $250,000,000 of 6.250% Senior Notes due 2034 (the "notes") by Blue Owl Finance LLC, its indirect subsidiary, at an issue price of 100.355%, plus accrued interest, if any, from April 18, 2024. The notes are being offered as additional notes under the same indenture as the previously issued $750,000,000 aggregate principal amount of its 6.250% Senior Notes due 2034 and will be t ...

CHICAGO, May 28, 2024 /PRNewswire/ -- Linden Capital Partners, a Chicago-based healthcare private equity firm, is pleased to announce a passive, minority investment from Blue Owl's GP Strategic Capital platform and Lunate Capital via their joint venture. Terms of the transaction were not disclosed. Founded in 2004, Linden Capital Partners ("Linden") has grown to become one of the largest dedicated healthcare private equity firms in the US, through a model of partnership with management teams and a rigorous ...

Core Viewpoint - Blue Owl Capital (NYSE:OBDC) is experiencing strong demand from dividend investors, with shares reaching new 1-year highs, supported by a reliable performance history and a solid dividend yield of 9% [1][4][18] Company Overview - Blue Owl Capital is the second-largest Business Development Company (BDC) in the market, with a market capitalization of $6.5 billion and a focus on first lien investments, which constitute 73% of its $12.4 billion investment portfolio [5][6] - The company primarily originates new investments in the first lien segment, accounting for 92% of new investments in Q1'24, while joint ventures and common equity represent smaller shares [6] Financial Performance - In Q1'24, Blue Owl Capital reported a net investment income per share of $0.47, with total distributions declared per share amounting to $0.42 [10] - The distribution coverage ratio for Q1'24 was 1.12X, indicating strong support for the dividend from net investment income [9] - The non-accrual percentage increased to 1.8% in Q1'24, with five portfolio companies classified as non-accrual, compared to four in the previous quarter [8] Investment Strategy - The company maintains a focus on highly collateralized debt investments, with a senior secured lending percentage of 81% [5] - Blue Owl Capital's investment strategy has led to a strong growth in total investment income, allowing for the payment of non-regular dividends [12] Market Position - Shares of Blue Owl Capital currently trade at a 1.07X price-to-net asset value (P/NAV) ratio, above its long-term average of 0.93X, reflecting investor confidence in its dividend continuity and balance sheet quality [12][11] - The company is positioned to benefit from potential Federal Reserve policy changes, particularly due to its high percentage of variable rate loans (97% as of Q1'24) [16][17]

OBDC trades at a 10.3% yield (pro forma based on the expected supplemental dividend and declared base dividend) and a 6% premium to book. Its net income price yield is 11.5%, roughly in line with the sector median. Quarter Update Net income fell to $0.47 after two years of rises. The main drivers of the income drop were lower leverage as well as the shift in the portfolio towards first-lien assets. A CLO takeout was a nonrepeatable cost to net income of around a penny. Nikada In this article, we take a look ...