Blue Owl Technology Finance Declares $0.35 Quarterly Dividend
Blue Owl Technology Finance Corp. (NYSE: OBDC) declared a regular quarterly dividend of $0.35 per share for the first quarter of 2026. The company also continues its series of five special dividends at $0.05 per share.
Blue Owl Technology Finance Corp. (NYSE: OBDC), a business development company focused on technology lending, declared a regular quarterly dividend of $0.35 per share for the first quarter of 2026. The dividend is payable on or before April 15, 2026 to stockholders of record as of March 31, 2026. Read more dividend announcements.
The company also previously announced a series of five special dividends of $0.05 per share each, with separate record and payment dates available on the company's website.
| Dividend Details | Information |
|---|---|
| Amount | $0.35 per share |
| Type | Regular Quarterly |
| Record Date | March 31, 2026 |
| Payment Date | On or before April 15, 2026 |
Share Repurchase Program Expanded
Blue Owl Technology Finance's board approved a new $300 million stock repurchase program on February 18, 2026, replacing a previous $200 million authorization. During the fourth quarter of 2025, the company repurchased approximately $64.6 million of common stock at 82% of book value, which was accretive to net asset value per share.
Fourth Quarter Financial Performance
The company reported net asset value per share of $17.33 as of December 31, 2025, up from $17.27 at September 30, 2025. Net increase in net assets resulting from operations was $0.44 per share for the fourth quarter of 2025.
Total investments at fair value stood at $14.3 billion as of December 31, 2025, compared to $12.9 billion in the prior quarter. Net assets totaled $8.0 billion, while total debt outstanding reached $6.3 billion, representing a net debt-to-equity ratio of 0.75 times.
Chief Executive Officer Craig W. Packer said the portfolio continues to demonstrate excellent credit quality. President Erik Bissonnette noted that the company's software credits remain the strongest-performing segment of its direct lending platform, with mission-critical solutions well-positioned to adopt and benefit from artificial intelligence.