Oracle Stock To Go Ex-dividend Monday (ORCL)

NEW YORK ( TheStreet) -- The ex-dividend date for Oracle Corporation (Nasdaq: ORCL) is Monday, April 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $29.13 as of 9:30 a.m. ET, the dividend yield is 0.8%.

The average volume for Oracle has been 32.4 million shares per day over the past 30 days. Oracle has a market cap of $143.29 billion and is part of the technology sector and computer software & services industry. Shares are up 14.6% year to date as of the close of trading on Wednesday.

Oracle Corporation, an enterprise software company, develops, manufactures, markets, distributes, and services database and middleware software, applications software, and hardware systems worldwide. The company has a P/E ratio of 15.4, below the average computer software & services industry P/E ratio of 15.6 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Oracle as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Oracle Ratings Report.

See our dividend calendar or top-yielding stocks list.
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