Blue Owl Capital Corporation (OBDC) cut its quarterly dividend to $0.31 per share from $0.37 — a -16.2% change — effective with the ex-dividend date of 2026-06-30.

A dividend reduction is a material change worth examining alongside the company's earnings and payout coverage.

Special and one-time payments are excluded from this comparison; the figures reflect the regular dividend only. This note is informational, not advice.