Key Highlights

  • A USD 0.23 quarterly Dividend per Class A share was declared, payable November 23, 2026 to holders of record on November 10, 2026. On a calculated annualized basis that equals USD 0.92.
  • Third-quarter fee-related Earnings rose 14% to USD 427 million, lifting the Margin to 58.8% from 57.1%. Distributable earnings reached USD 385.5 million for the quarter and USD 1,029.2 million across nine months.
  • Assets under management climbed 12% to USD 329.9 billion at September 30, 2026. Credit accounts for USD 162.8 billion, Real Assets USD 94.9 billion and GP Strategic Capital USD 72.2 billion.
  • The quarterly Class A dividend equals a calculated 796% of GAAP Net Income attributable to Class A, which was USD 20.0 million, a contrast with distributable earnings of USD 385.5 million.

Declaration Dates and Share Count at Blue Owl Capital Inc. (NYSE:OWL)

For Blue Owl Capital Inc. (NYSE:OWL), a USD 0.23 quarterly dividend per Class A share was set, with holders of record on November 10, 2026 and payment on November 23, 2026. Calculated on an annualized basis, the amount is USD 0.92 per share, a figure the company frames as a fixed yearly rate. Applied to 692,779,154 Class A shares outstanding on October 23, 2026, the quarterly Class A outlay works out to USD 159.3 million (calculated). Buybacks totalled 1,710,117 shares for USD 25.0 million across the first nine months of 2026, with none in the third quarter, leaving USD 71.3 million under the 2025 program that expires February 28, 2027.

Distributable Earnings Against GAAP Profit at Blue Owl Capital Inc. (NYSE:OWL)

For an asset manager, distributable earnings, a non-GAAP figure, is the more apt measure of coverage. Blue Owl Capital Inc. (NYSE:OWL) generated USD 385.5 million of it in the third quarter, so the calculated quarterly Class A dividend of USD 159.3 million is roughly 41% of that total, though distributable earnings belong to all unit holders and the ratio is only indicative. GAAP net income attributable to Class A was just USD 20.0 million on USD 806.5 million of revenues, against USD 46.9 million over nine months on USD 2,313.4 million of revenues. Permanent capital contributed 85% of fees across the last twelve months. A USD 36.3 billion fee pipeline that does not yet pay fees is projected to add around USD 402 million of annualized management fees once it is deployed.

Debt Load, Credit Redemptions and Revolver at Blue Owl Capital Inc. (NYSE:OWL)

Fee-earning AUM totalled USD 192.2 billion. The principal amount of Debt is calculated at USD 3.69 billion, with roughly USD 3.26 billion in senior notes plus USD 750.0 million of 2036 Notes sold in August 2026. Blue Owl Capital Inc. (NYSE:OWL) raised its revolving credit Facility to USD 3.225 billion on October 14, 2026 and pushed the Maturity out to October 14, 2031. Nine-month interest expense reached USD 141.7 million, up from USD 122.9 million a year earlier. Redemptions from non-traded BDCs hit USD 4 billion in the first nine months, against USD 2.5 billion in 2025, and Credit represented USD 3.4 billion of that, a principal sector risk together with fundraising and credit performance.

Where Things Stand

Blue Owl Capital Inc. (NYSE:OWL) distributes a limited portion of distributable earnings, while GAAP profit remains thin against the dividend. Capital raising has stayed strong, with nearly USD 50 billion gathered over twelve months, 70% of Equity coming from institutional channels, and about 1,430 professionals on staff. The main exposure is redemptions at non-traded vehicles, which reached USD 4 billion year to date, along with higher interest costs. No numeric dividend guidance has been given beyond the fixed USD 0.92 annual rate, and each declaration still requires board approval.