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

Oracle Corporation (NYSE:ORCL) declared a quarterly dividend on Tuesday, September 9th, RTT News reports. Shareholders of record on Thursday, October 9th will be paid a dividend of 0.50 per share by the enterprise software provider on Thursday, October 23rd. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th.

Oracle has a payout ratio of 24.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Oracle to earn $5.61 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 35.7%.

Oracle Price Performance

Oracle stock opened at $291.77 on Tuesday. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The firm has a market capitalization of $831.77 billion, a P/E ratio of 67.54, a PEG ratio of 3.08 and a beta of 1.53. The business has a 50-day moving average of $263.41 and a 200-day moving average of $206.82. Oracle has a 1 year low of $118.86 and a 1 year high of $345.72.

Oracle (NYSE:ORCL) last released its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.01). The firm had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm’s revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts anticipate that Oracle will post 5 EPS for the current year.

About Oracle

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.