Summary
Oracle Corporation (ORCL) filed an 8-K on September 20, 2012, to report on its financial results for the first fiscal quarter ended August 31, 2012, and to announce a quarterly cash dividend. The press release detailing these announcements is furnished as Exhibit 99.1 to the filing. Investors should note that this report primarily serves as a vehicle to disseminate these key pieces of information rather than introducing new strategic initiatives or significant business developments. The dividend declared is $0.06 per share, payable on November 2, 2012, to shareholders of record on October 12, 2012. While the 8-K itself does not contain the detailed financial performance metrics of the quarter, it signifies Oracle's ongoing commitment to returning capital to shareholders through dividends, a common practice for mature technology companies.
Key Highlights
- 1Oracle announced financial results for its fiscal first quarter ended August 31, 2012.
- 2The company's Board of Directors declared a cash dividend of $0.06 per share.
- 3The dividend is payable on November 2, 2012.
- 4Stockholders of record as of the close of business on October 12, 2012, will receive the dividend.
- 5The press release announcing these results and dividend is furnished as Exhibit 99.1.
- 6The filing date for this report was September 20, 2012.