Summary
Oracle Corporation (ORCL) filed an 8-K on March 24, 2011, reporting on its fiscal third quarter results ended February 28, 2011, and a dividend declaration. The company announced its financial results for the quarter, which are detailed in an accompanying press release furnished as Exhibit 99.1. Investors should refer to this press release for specific performance metrics and operational highlights during the period. In addition to the quarterly results, Oracle's Board of Directors approved a cash dividend of $0.06 per share, an increase of $0.01 per share from the previous dividend. This demonstrates a commitment to returning capital to shareholders and reflects confidence in the company's financial health. The dividend is scheduled to be paid on May 4, 2011, to shareholders of record as of April 13, 2011.
Key Highlights
- 1Oracle announced financial results for its fiscal third quarter ended February 28, 2011.
- 2The press release detailing the Q3 financial results is furnished as Exhibit 99.1.
- 3The Board of Directors declared a cash dividend of $0.06 per share.
- 4This dividend represents an increase of $0.01 per share compared to the prior dividend.
- 5The dividend payment date is May 4, 2011.
- 6The record date for the dividend is April 13, 2011.
- 7The filing was made on March 24, 2011.