Oracle (ORCL) DIvidends Date & History

Key Takeaways

• Oracle (ORCL) pays a quarterly dividend of $0.50 per share, for an annualized payout of $2.00 per share.
• The stock's dividend yield is approximately 1.45%, a modest but reliable income stream rather than a high-yield proposition.
• The company has a long record of consecutive annual dividend increases, supported by strong free cash flow.
• Oracle's payout ratio of roughly 31% of earnings leaves substantial room for continued dividend growth and reinvestment.
• The dividend is best suited to dividend growth and long-term investors rather than those seeking high current income.

Dividend Overview

Oracle Corporation, the enterprise software and cloud infrastructure giant, maintains a consistent quarterly dividend that reflects its disciplined approach to capital returns. As of the most recent data, ORCL pays $0.50 per share each quarter, translating to an annualized dividend of $2.00 per share and a dividend yield of roughly 1.45%.

This places Oracle firmly in the category of a dividend growth stock with a modest yield, rather than a high-yield income vehicle. The company pays on a standard quarterly schedule, with the most recent ex-dividend date of October 9, 2026, and a corresponding payment date of October 23, 2026. While the yield is not headline-grabbing, Oracle pairs its payout with a strong history of steady increases, making it a quality-over-quantity dividend profile within the technology sector.

Dividend History and Growth

Oracle has built a dependable dividend track record over the past decade and more. The company has raised its dividend for roughly 13 consecutive years, a streak that underscores management's commitment to returning capital to shareholders even as it invests heavily in cloud infrastructure.

The pace of growth has been notable. Over the past five years, Oracle's dividend has grown at an average annual rate of nearly 14%, reflecting its expanding earnings base and robust cash generation. The most recent increase lifted the quarterly payout from $0.40 to $0.50 per share in 2025. This consistent upward trajectory, combined with the company's significant share buyback activity, signals a balanced long-term capital allocation strategy that prioritizes both direct income and total shareholder return.

Dividend Sustainability and Payout Ratio

Oracle's dividend appears well covered by its earnings and cash flow. The company's payout ratio stands at roughly 31% of trailing earnings, a conservative level that leaves a wide margin of safety and ample room for future increases. On a free cash flow (FCF) basis, coverage is even stronger, with the dividend consuming only a fraction of the cash the business generates each year.

It is worth noting that Oracle carries a sizable debt load, much of it accumulated through acquisitions and aggressive investment in its cloud data center buildout. However, the company's recurring revenue model, strong operating margins, and substantial cash generation have historically allowed it to service that debt while still funding dividends and buybacks. While debt remains a factor to monitor, the modest payout ratio relative to both earnings and free cash flow suggests the dividend is sustainable under current conditions.

Dividend Compared to Industry Peers

Within the technology and enterprise software space, Oracle's dividend profile is a study in balance. Its yield of about 1.45% sits above that of MSFT (Microsoft), which typically yields under 1%, but below the higher yields of legacy tech income names such as IBM. Compared with software peers like SAP, Oracle offers a comparable, competitive yield.

What sets Oracle apart is the combination of a modest yield with double-digit dividend growth, a pairing that is relatively uncommon among large-cap technology companies. Many high-yield tech names grow their payouts slowly, while many fast-growing software companies pay no dividend at all. Oracle occupies a middle ground, offering investors both current income and a meaningful rate of annual increases.

AI Screener

Tickeron's AI Screener is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener can also help identify dividend stocks, income-focused investments, trending stocks, and breakout candidates far more efficiently than manual screening. Explore the AI Screener to uncover opportunities that match your investing criteria.

Is This Stock Attractive for Dividend Investors?

Oracle is likely to appeal most to dividend growth investors and long-term, total-return-focused investors rather than those seeking high immediate income. With a yield near 1.45%, the stock will not satisfy investors who depend on substantial current cash flow from their portfolios. Instead, its value lies in the consistency and pace of its dividend increases, which have compounded steadily for more than a decade.

For investors with a longer time horizon, Oracle offers a rare combination of a growing payout, strong free cash flow coverage, and a leadership position in enterprise software and cloud infrastructure. The company's conservative payout ratio also suggests management has the flexibility to continue raising the dividend even as it pursues capital-intensive growth initiatives. That said, the stock's higher debt load and sensitivity to technology-sector volatility may make it less suitable for highly conservative, income-first investors. As with any investment decision, individual objectives and risk tolerance should guide suitability.

Disclaimer

The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.

Disclaimers and Limitations