Throughout the year, Owl Rock Capital Corporation (the “Company”) generates qualified interest income (“QII”) that may be exempt from U.S. withholding tax when distributed to non-U.S. stockholders.  The Company is a regulated investment company (“RIC”) and is permitted to designate the portion of distributions that represent qualified interest income as exempt from U.S. withholding tax when paid to non-U.S. stockholders in accordance with Subchapter M of the Internal Revenue Code of 1986, as amended (“IRC”). 
 
The current year’s QII information is estimated based on the Company’s activity to-date.  The tax status of distributions for a tax year depends on the Company’s total amount of taxable income for the year, therefore, the tax status cannot be confirmed until after the end of the tax year.  Accordingly, the Company’s distributions for the tax year may be recharacterized later based upon subsequent events. As applicable, the Company reports the final tax character of its distributions for U.S. federal income tax purposes annually to stockholders on Internal Revenue Service Form 1099-DIV issued after the end of the year.  The Company’s Form 10-Ks also include information regarding the Company’s distributions for each fiscal year.  Because each stockholder’s tax status is unique, stockholders should consult their tax advisor regarding the appropriate tax treatment of the information below. 
 
This is general information.  It is not intended to constitute tax, legal, investment, or other professional advice and should not be relied upon for tax advice purposes.  Stockholders should consult their tax advisor for tax guidance pertinent to specific facts and circumstances. 

Declared Date

Record Date

Pay Date1

Dividend Amount

QII

05/28/2019

12/31/2020

01/19/2021

$0.080

-

05/28/2019

09/30/2020

11/13/2020

$0.080

-

05/28/2019

06/30/2020

08/14/2020

$0.080

-

05/05/2020

06/30/2020

08/14/2020

$0.310

-

05/28/2019

03/31/2020

05/15/2020

$0.080

92.31%

02/19/2020

03/31/2020

05/15/2020

$0.310

92.31%

05/28/2019

12/31/2019

01/31/2020

$0.040

91.56%

10/30/2019

12/31/2019

01/31/2020

$0.310

91.56%

05/28/2019

09/30/2019

11/15/2019

$0.020

92.21%

05/28/2019

09/30/2019

11/15/2019

$0.310

92.21%

06/04/2019

06/14/2019

08/15/2019

$0.440

93.00%

1Reflects expected pay date for special dividends payable to shareholders of record as of 09/30/2020 and 12/31/2020. Actual pay date may differ.