Blue Owl Capital Co. III (NYSE:OBDE) Declares Quarterly Dividend of $0.35

Blue Owl Capital Co. III (NYSE:OBDE) declared a quarterly dividend on Tuesday, August 6th, Wall Street Journal reports. Shareholders of record on Monday, September 30th will be given a dividend of 0.35 per share on Tuesday, October 15th. This represents a $1.40 dividend on an annualized basis and a yield of 9.66%. The ex-dividend date of this dividend is Monday, September 30th.

Blue Owl Capital Co. III Stock Up 0.8 %

OBDE stock opened at $14.49 on Friday. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.05 and a quick ratio of 1.05. The firm’s fifty day simple moving average is $14.44 and its 200-day simple moving average is $15.02. Blue Owl Capital Co. III has a 12 month low of $13.60 and a 12 month high of $16.80. The company has a market capitalization of $1.79 billion and a P/E ratio of 6.38.

Blue Owl Capital Co. III (NYSE:OBDE) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.01. The company had revenue of $123.18 million for the quarter, compared to the consensus estimate of $119.08 million. Blue Owl Capital Co. III had a return on equity of 12.53% and a net margin of 54.40%. As a group, equities research analysts forecast that Blue Owl Capital Co. III will post 1.61 earnings per share for the current year.

Insider Buying and Selling at Blue Owl Capital Co. III

In other news, Director Melissa Weiler acquired 12,000 shares of the company’s stock in a transaction dated Tuesday, August 20th. The shares were acquired at an average price of $14.34 per share, with a total value of $172,080.00. Following the purchase, the director now directly owns 12,000 shares of the company’s stock, valued at $172,080. The purchase was disclosed in a legal filing with the SEC, which is available at this link. In other Blue Owl Capital Co. III news, Director Victor Woolridge bought 6,830 shares of the company’s stock in a transaction dated Monday, August 26th. The shares were purchased at an average cost of $14.64 per share, for a total transaction of $99,991.20. Following the transaction, the director now directly owns 6,830 shares of the company’s stock, valued at $99,991.20. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Melissa Weiler purchased 12,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 20th. The stock was acquired at an average price of $14.34 per share, with a total value of $172,080.00. Following the purchase, the director now owns 12,000 shares in the company, valued at $172,080. The disclosure for this purchase can be found here. 90.80% of the stock is currently owned by corporate insiders.

About Blue Owl Capital Co. III

Blue Owl Capital Corporation is a specialty finance company focused on lending to U.S. middle-market companies. Blue Owl Capital Corporation is based in NEW YORK.