Oracle Corporation Declares Quarterly Dividend of $0.50 (NYSE:ORCL)

Oracle Corporation (NYSE:ORCL – Get Free Report) announced a quarterly dividend on Wednesday, June 10th. Investors of record on Friday, July 10th will be given a dividend of 0.50 per share by the enterprise software provider on Friday, July 24th. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date is Friday, July 10th.

Oracle has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 1 years. Oracle has a payout ratio of 24.6% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Oracle to earn $6.33 per share next year, which means the company should continue to be able to cover its $2.00 annual dividend with an expected future payout ratio of 31.6%.

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Oracle Stock Performance

Oracle stock opened at $201.04 on Thursday. Oracle has a 12-month low of $134.57 and a 12-month high of $345.72. The company has a market capitalization of $578.21 billion, a price-to-earnings ratio of 36.09, a price-to-earnings-growth ratio of 1.61 and a beta of 1.65. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.35 and a quick ratio of 1.35. The firm’s fifty day moving average price is $183.16 and its 200 day moving average price is $177.98.

Oracle (NYSE:ORCL – Get Free Report) last announced its quarterly earnings data on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share for the quarter, topping the consensus estimate of $1.96 by $0.15. The company had revenue of $19.18 billion during the quarter, compared to analyst estimates of $19.10 billion. Oracle had a net margin of 25.30% and a return on equity of 62.70%. The firm’s revenue for the quarter was up 20.6% compared to the same quarter last year. During the same period last year, the business earned $1.70 EPS. Oracle has set its Q1 2027 guidance at 1.720-1.760 EPS and its FY 2027 guidance at 8.050-8.050 EPS. On average, research analysts forecast that Oracle will post 6.09 EPS for the current fiscal year.

About Oracle

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Oracle Corporation is a multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications and related services. The company is widely known for its flagship Oracle Database and a portfolio of enterprise-grade software products that support data management, application development, analytics and middleware. Over recent years Oracle has expanded its focus to include cloud infrastructure and cloud applications, positioning itself as a provider of both platform and software-as-a-service solutions for large organizations.

Oracle’s product and service offerings include Oracle Database and the Autonomous Database, Oracle Cloud Infrastructure (OCI), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM) cloud applications (often grouped under Oracle Fusion Cloud Applications), middleware such as WebLogic, and developer technologies including Java and MySQL.

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