
Oracle Co. (NYSE:ORCL) Raises Dividend to $0.50 Per Share

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Oracle Co. (NYSE:ORCL) has announced a quarterly dividend increase to $0.50 per share, effective for stockholders of record on April 10th, with payment on April 23rd. This marks a 25% rise from the previous dividend of $0.40, resulting in an annualized dividend of $2.00 and a yield of 1.34%. The company has maintained an average dividend increase of 7.7% over the past three years, with a payout ratio of 19.7%, indicating strong earnings coverage for the dividend.
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