Oracle (ORCL) Declares $0.15 Quarterly Dividend; 1.6% Yield; Approves $10B Common Stock Buyback Plan

March 15, 2016 4:01 PM EDT

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Oracle (NYSE: ORCL) declared a quarterly dividend of $0.15 per share, or $0.6 annualized.

The dividend will be payable on April 28, 2016, to stockholders of record on April 14, 2016, with an ex-dividend date of April 12, 2016.

The annual yield on the dividend is 1.6 percent.

Oracle also announced that its Board of Directors authorized the repurchase of up to an additional $10 billion of common stock under its existing share repurchase program in future quarters.

For a dividend history and other dividend-related data on Oracle (ORCL) click here.

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