On 10 March, Oracle (ORCL) increased its dividend by 25%, from 40¢ to 50¢ per share.
The dividend is payable on 23 April to shareholders of record
on 10 April.
ORCL’s forward yield is 1.39% at $143.70 per share.
I own 100 ORCL shares at an average cost of $55 per share. ORCL’s contribution to DivGro’s
projected annual dividend income will increase by $40 to $200.
My yield on cost is now 3.64%.
Since opening my position in September 2019, the stock has generated a total return of 175%, including
$720 in dividend income. That’s a sensational annualized rate of return
of 20.3%!
ORCL became DivGro’s
45th Home Run stock in June 2023, when the stock doubled my original capital
outlay.
45th Home Run stock in June 2023, when the stock doubled my original capital
outlay.
5-Year History of Dividend Payouts by Ex-Date
| 2020 | 2021 | 2022 | 2023 | 2024 | • | 2025 |
| $0.96 | $1.20 | $1.28 | $1.52 | $1.60 | ⬆ | $1.90✝ |
| 5.49% | 25.00% | 6.67% | 18.75% | 5.26% | ⬆ | 18.75% |
| 5-year DGR: | 11.95% | ⬆ | 14.63% | |||
✝projected, assuming no further changes
Thanks for Reading!