Summary
Oracle Corporation (ORCL) filed an 8-K on March 17, 2015, primarily to announce its financial results for the fiscal third quarter ended February 28, 2015. The press release detailing these results was furnished as Exhibit 99.1. This filing provides investors with crucial performance data for the period, allowing for an assessment of the company's operational and financial health. In addition to the financial results, Oracle also announced a significant shareholder-friendly action: its Board of Directors declared a cash dividend of $0.15 per share, an increase of $0.03 from the previous dividend. This demonstrates the company's commitment to returning value to its shareholders and reflects confidence in its ongoing financial stability and future prospects.
Key Highlights
- 1Oracle announced financial results for its fiscal third quarter ended February 28, 2015, via a press release.
- 2The press release containing the Q3 FY15 financial results is furnished as Exhibit 99.1.
- 3The company's Board of Directors declared a cash dividend of $0.15 per share.
- 4This dividend represents an increase of $0.03 per share compared to the prior dividend payment.
- 5The dividend is scheduled to be paid on April 28, 2015.
- 6Record date for the dividend is the close of business on April 7, 2015.
- 7The filing was made on March 17, 2015, with the earliest event reported being March 17, 2015.