Summary
Oracle Corporation (ORCL) filed an 8-K on September 16, 2010, primarily to report its financial results for the fiscal first quarter ended August 31, 2010. The accompanying press release, furnished as Exhibit 99.1, details these quarterly results. This filing is crucial for investors seeking an update on the company's operational performance and financial condition in the most recent reporting period. Additionally, the report announced a quarterly cash dividend of $0.05 per share, payable to shareholders of record on October 6, 2010, with a payment date of November 3, 2010. This dividend declaration indicates the company's ongoing commitment to returning value to its shareholders and provides income-generating potential for investors holding the stock.
Key Highlights
- 1Oracle announced financial results for its fiscal first quarter ended August 31, 2010, via press release (Exhibit 99.1).
- 2The company declared a cash dividend of $0.05 per outstanding common share.
- 3The dividend is payable on November 3, 2010.
- 4Shareholders of record as of the close of business on October 6, 2010, are eligible for the dividend.
- 5The filing includes Item 2.02 (Results of Operations and Financial Condition) and Item 8.01 (Other Events).
- 6The press release containing both financial results and dividend information is furnished as Exhibit 99.1.