On October 26, 2023, Oracle ORCL will distribute a dividend payout of $0.40 per share, equating to an annualized dividend yield of 1.27%. Shareholders who owned the stock before the ex-dividend date on October 11, 2023 will receive this payout.
Oracle Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-10-11 | 4 | $0.4 | 1.27% | 2023-09-11 | 2023-10-12 | 2023-10-26 |
| 2023-07-11 | 4 | $0.4 | 1.46% | 2023-06-12 | 2023-07-12 | 2023-07-26 |
| 2023-04-10 | 4 | $0.4 | 1.81% | 2023-03-09 | 2023-04-11 | 2023-04-24 |
| 2023-01-09 | 4 | $0.32 | 1.6% | 2022-12-12 | 2023-01-10 | 2023-01-24 |
| 2022-10-11 | 4 | $0.32 | 1.69% | 2022-09-12 | 2022-10-12 | 2022-10-25 |
| 2022-07-11 | 4 | $0.32 | 1.91% | 2022-06-13 | 2022-07-12 | 2022-07-26 |
| 2022-04-07 | 4 | $0.32 | 1.68% | 2022-03-10 | 2022-04-08 | 2022-04-21 |
| 2022-01-06 | 4 | $0.32 | 1.44% | 2021-12-09 | 2022-01-07 | 2022-01-19 |
| 2021-10-08 | 4 | $0.32 | 1.43% | 2021-09-13 | 2021-10-12 | 2021-10-26 |
| 2021-07-14 | 4 | $0.32 | 1.55% | 2021-06-15 | 2021-07-15 | 2021-07-29 |
| 2021-04-07 | 4 | $0.32 | 1.76% | 2021-03-10 | 2021-04-08 | 2021-04-22 |
| 2021-01-06 | 4 | $0.24 | 1.61% | 2020-12-10 | 2021-01-07 | 2021-01-21 |
With a dividend yield that places it neither at the top nor the bottom, Oracle finds itself in the middle among its industry peers, while Gen Digital GEN boasts the highest annualized dividend yield at 3.03%.
Analyzing Oracle Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $0.96 to $1.28, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For Oracle
The earnings chart above shows that from 2019 to 2022, Oracle has experienced an increase in their earnings from $3.74 per share to $4.91 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
Recap
This article delves into the recent dividend payout of Oracle and its implications for shareholders. Presently, the company is distributing a dividend of $0.40 per share, leading to an annualized dividend yield of 1.27%.
With a dividend yield that places it neither at the top nor the bottom, Oracle finds itself in the middle among its industry peers, while Gen Digital boasts the highest annualized dividend yield at 3.03%.
Given that Oracle has experienced an increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
\To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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