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.
Frequently Asked Questions
The primary purpose of this 8-K filing is to announce Oracle Corporation's financial results for its fiscal second quarter ended November 30, 2010, and to formally report the declaration of a cash dividend by its Board of Directors.
The Board of Directors declared a cash dividend of $0.05 per share. This dividend will be paid on February 9, 2011.
Shareholders who are recorded as holding Oracle common stock at the close of business on January 19, 2011, will be eligible to receive this dividend.
The detailed financial results are provided in the press release dated December 16, 2010, which is furnished as Exhibit 99.1 to this 8-K filing.