Blue Owl Capital Inc. (OWL) To Go Ex-Dividend on November 10th

Blue Owl Capital Inc. (NYSE:OWL) declared a quarterly dividend on Thursday, October 30th. Investors of record on Monday, November 10th will be paid a dividend of 0.225 per share on Monday, November 24th. This represents a c) annualized dividend and a dividend yield of 5.8%. The ex-dividend date of this dividend is Monday, November 10th.

Blue Owl Capital has a payout ratio of 85.7% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Analysts expect Blue Owl Capital to earn $1.13 per share next year, which means the company should continue to be able to cover its $0.90 annual dividend with an expected future payout ratio of 79.6%.

Blue Owl Capital Stock Performance

OWL stock opened at $15.42 on Friday. The stock’s 50 day moving average price is $17.10 and its 200 day moving average price is $18.39. The firm has a market cap of $23.89 billion, a P/E ratio of 257.06, a PEG ratio of 1.11 and a beta of 1.12. Blue Owl Capital has a 1 year low of $14.52 and a 1 year high of $26.73.

Blue Owl Capital (NYSE:OWL) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.22 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.22. Blue Owl Capital had a return on equity of 20.05% and a net margin of 1.89%.The company had revenue of $727.99 million during the quarter, compared to analysts’ expectations of $685.95 million. On average, research analysts predict that Blue Owl Capital will post 0.92 earnings per share for the current year.

About Blue Owl Capital

Blue Owl Capital Inc operates as an asset manager in the United States. The company offers permanent capital base solutions that enables it to offer holistic framework of capital solutions to middle market companies, large alternative asset managers, and corporate real estate owners and tenants. It also provides direct lending products that offer private credit products comprising diversified, technology, first lien, and opportunistic lending to middle-market companies; liquid credit; GP strategic capital products, which offers capital solutions, including GP minority stakes, GP debt financing, and professional sports minority stakes; and real estate products that focuses on acquiring triple net lease real estate by investment grade or creditworthy tenants.