______________________________________________________________________________________________________________________________

Home » Tag: ORCL
Fri. Mar. 20, 2009 D4L commentary

Oracle (ORCL): The Birth Of A New Dividend Stock

It is a powerful statement when others are hoarding cash that a company has the confidence to declare its first dividend to eliminate excess cash. Oracle (ORCL) did just that on Wednesday when it reported third-quarter EPS of $0.35/share, $0.03/share better than the analyst estimate of $0.32/share, and it declared its first ever dividend of $0.05/share. The dividend yield is 1.15%. ORCL is a leading supplier of enterprise database management systems and business applications.


Read more…

More on this topic (What's this?)
Ten Dividend Kings raising dividends for over 50 years (Dividend Growth Investor, 2/17/10)
Twelve Dividend Stocks Increasing Dividends (Dividend Growth Investor, 2/1/10)
Oracle Corp. (NASDAQ: ORCL): Q3 Earnings Preview 2010 (Stock Wizard, 3/12/10)
Read more on Oracle, Dividends at Wikinvest
2 Comments , ,
________________________________________________________________________________________