Sat Sep 21 11:33:08 UTC 2024: ## Blue Owl Capital Corporation (OBDC) Tops List of Best BDC Stocks for Income Investors

**New York, NY** – Blue Owl Capital Corporation (NYSE:OBDC) has been named the top BDC stock to buy in a recent report by Insider Monkey. The report, which analyzed the holdings of over 900 hedge funds, identified the 10 most popular BDC stocks based on their appeal to elite investors.

Blue Owl Capital, a leading business development company (BDC), focuses on providing capital to mid-market companies across the U.S. through a variety of investment strategies including direct lending, equity investments, and fund-of-fund investments. The company’s recent Q2 2024 earnings report highlighted strong financial performance, with net investment income (NII) per share rising slightly and net asset value (NAV) per share remaining strong at $15.36.

One of the key attractions of Blue Owl Capital is its impressive dividend yield, currently exceeding 11% after declaring a total dividend of $0.43 per share in Q2 2024. This marks the sixth consecutive quarter of double-digit yields, highlighting the company’s commitment to returning value to shareholders.

Blue Owl Capital’s upcoming merger with Blue Owl Capital Corporation III (OBDE), expected to close early next year, will significantly increase its portfolio size to approximately $17.7 billion, solidifying its position as the second-largest publicly traded BDC by total assets. This merger is expected to drive further growth and efficiency through improved liquidity, cost reductions, and enhanced access to capital.

While Blue Owl Capital holds strong potential for income investors, the report acknowledges that some Artificial Intelligence (AI) stocks offer potentially higher returns within a shorter timeframe. For investors seeking alternative AI investment opportunities, Insider Monkey recommends exploring its report on the “cheapest AI stock” currently trading at less than 5 times its earnings.

**About Insider Monkey:**
Insider Monkey is a financial research platform that provides investors with insights based on hedge fund activity and market trends. Their quarterly newsletter, which analyzes the top stock picks of elite hedge funds, has delivered impressive returns, outperforming its benchmark by over 150 percentage points since its inception in 2014.

**Disclaimer:** This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence before making any investment decisions.

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