On October 15, 2026, the Board of Directors of Blue Owl Capital Corporation II declared a return of capital distribution of $0.62 per share for the fourth quarter. This payment will be made on or before October 21, 2026, to shareholders of record as of October 20, 2026.
The company stated that this distribution represents 7.5% of net asset value (NAV) as of December 31, 2025. This figure exceeds the company’s previously announced strategy of prioritizing return of capital distributions of at least 5% of NAV per quarter.
Inclusive of this distribution and previously paid return of capital distributions, Blue Owl Capital Corporation II will have returned 50.3% of its December 31, 2025 NAV. This total amounts to $4.16 per share returned over the last seven months. The company noted that this milestone fulfills its previously communicated goal of paying return of capital distributions equal to 50% or more of December 31, 2025 NAV by year-end 2026.
Regarding future plans, the company intends to continue prioritizing return of capital distributions in 2027, targeting at least 5% of then-prevailing NAV per quarter. The company reported a NAV per share of $4.87 as of June 30, 2026.
The return of capital distribution is paid in addition to the regular monthly dividend. The October monthly dividend of $0.025 per share is scheduled to be paid on or before October 28, 2026.
