Summary
Oracle Corporation (ORCL) filed an 8-K on September 16, 2015, to report its financial results for the first fiscal quarter ended August 31, 2015. The filing includes a press release that contains the detailed financial performance for the quarter. Investors should review this press release, furnished as Exhibit 99.1, for specific revenue, profit, and other key financial metrics. Additionally, the report announces a routine event: the declaration of a quarterly cash dividend by Oracle's Board of Directors. This dividend of $0.15 per share is scheduled to be paid on October 28, 2015, to shareholders of record on October 14, 2015. While a standard part of corporate actions, this dividend payment is relevant for income-focused investors.
Key Highlights
- 1Oracle reported its Q1 fiscal year 2016 financial results for the quarter ending August 31, 2015, via a press release.
- 2The press release detailing the Q1 FY16 financial results is attached as Exhibit 99.1.
- 3The company's Board of Directors declared a quarterly cash dividend.
- 4The declared dividend amounts to $0.15 per share of outstanding common stock.
- 5The dividend payment date is set for October 28, 2015.
- 6The record date for dividend eligibility is October 14, 2015.