The Rabid Capitalist

Professor Glenn A. Okun

NYU Stern School of Business

August 9, 2023

OBDC delivered its second straight quarter of record net investment income (“NII”) of $0.48 per share.  Dividends paid out were $0.40 per share for the second quarter, a 30% increase from the same time last year.      A second quarter supplemental dividend of $0.07 per share was also declared by the Board.  Net asset value per share grew to $15.26 from $15.15 in the previous quarter.  Management provided guidance that it expects to generate ROE in excess of 12% for 2023.  These results are outstanding.