Oracle (NYSE:ORCL) Is Increasing Its Dividend To $0.50

Oracle Corporation (NYSE:ORCL) has announced that it will be increasing its dividend from last year’s comparable payment on the 23rd of April to $0.50. This takes the dividend yield to 1.4%, which shareholders will be pleased with.

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If the payments aren’t sustainable, a high yield for a few years won’t matter that much. Prior to this announcement, Oracle’s dividend…