Oracle Dividend Increase
Image Source: Pixabay
On 10 March, Oracle (ORCL) increased its dividend by 25%, from 40¢ to 50¢ per share.
The dividend is payable on 23 April to shareholders of record on 10 April.
ORCL's forward yield is 1.39% at $143.70 per share.
Source: Simply Safe Dividends
I own 100 ORCL shares at an average cost of $55 per share. ORCL's contribution to DivGro's projected annual dividend income will increase by $40 to $200.
My yield on cost is now 3.64%.
Since opening my position in September 2019, the stock has generated a total return of 175%, including $720 in dividend income. That's a sensational annualized rate of return of 20.3%!
ORCL became DivGro's 45th Home Run stock in June 2023, when the stock doubled my original capital outlay.
5-Year History of Dividend Payouts by Ex-Date
| 2020 | 2021 | 2022 | 2023 | 2024 | • | 2025 |
| $0.96 | $1.20 | $1.28 | $1.52 | $1.60 | ⬆ | $1.90✝ |
| 5.49% | 25.00% | 6.67% | 18.75% | 5.26% | ⬆ | 18.75% |
| 5-year DGR: | 11.95% | ⬆ | 14.63% | |||
✝projected, assuming no further changes
More By This Author:
Applied Materials Dividend IncreaseGeneral Dynamics Dividend Increase
Sempra Dividend Increase
Disclaimer: I'm not an investment professional or a licensed financial advisor. This article represents my personal views and decisions, which may not be appropriate for other investors. ...
more
Comments
