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Blue Owl Capital trades at 21% discount to NAV, yielding 11% with strong dividend coverage and buybacks.

Analyst Insights
31 Aug 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Blue Owl Capital Corporation (OBDC) shares are trading at a 21% discount to their net asset value (NAV), presenting an attractive investment opportunity with an 11% dividend yield. The company's adjusted net investment income of $0.34 per share comfortably covers its $0.31 base dividend, with potential supplemental dividends raising the yield to 11.7%. The portfolio is largely composed of senior secured loans, with non-accruals showing limited impact after write-downs. Additionally, share buybacks below NAV and declining leverage enhance the company's financial stability and margin of safety, supporting a Buy rating.

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