Summary
Oracle Corporation (ORCL) filed an 8-K on December 16, 2010, to report on its fiscal second quarter financial results for the period ending November 30, 2010. While the 8-K itself primarily serves as a transmittal document for the press release containing these results, it also announced a material event for shareholders. In addition to the financial results, Oracle's Board of Directors declared a quarterly cash dividend of $0.05 per share. This dividend is payable on February 9, 2011, to shareholders of record as of January 19, 2011, indicating a continued commitment to returning capital to its investors.
Key Highlights
- 1Oracle announced its fiscal second quarter 2011 financial results for the period ending November 30, 2010.
- 2The company issued a press release detailing its financial performance, furnished as Exhibit 99.1.
- 3Oracle's Board of Directors declared a quarterly cash dividend.
- 4The declared dividend is $0.05 per share of outstanding common stock.
- 5The dividend payment date is set for February 9, 2011.
- 6Record date for dividend eligibility is January 19, 2011.