As the day concludes, Oracle ORCL is preparing to distribute a dividend payout of $0.40 per share, resulting in an annualized dividend yield of 1.41%. This payout is exclusive to investors who held the stock before the ex-dividend date on January 10, 2024.
Oracle Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-01-10 | 4 | $0.4 | 1.41% | 2023-12-11 | 2024-01-11 | 2024-01-25 |
| 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 |
Oracle's dividend yield falls in the middle range when compared to its industry peers, with Gen Digital GEN having the highest annualized dividend yield at 2.13%.
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
From 2020 to 2023, the company's dividend per share showed a positive trend, increasing steadily from $0.96 in 2020 to $1.60 in 2023. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For Oracle
The earnings chart above shows that from 2020 to 2023, Oracle has experienced an increase in their earnings from $4.16 per share to $5.42 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
In this article, we explore the recent dividend payout of Oracle and its significance for shareholders. The company has decided to distribute a dividend of $0.40 per share today, which equates to an annualized dividend yield of 1.41%.
Oracle's dividend yield falls in the middle range when compared to its industry peers, with Gen Digital having the highest annualized dividend yield at 2.13%.
Given that Oracle has experienced an increase in dividend per share from 2020 to 2023 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.
To stay well-informed about potential changes in financials or dividend disbursements, investors should closely observe the company's performance in the upcoming quarters.
[Click here](https://www.benzinga.com/stock//dividends) to find details on Oracle's previous dividends.
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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
