Oracle’s (NASDAQ: ORCL) stock dropped 4.5% on Thursday, April 23, as the company reportedly cancelled a major contract with Super Micro Computer (NASDAQ: SMCI) worth between $1.1 and $1.4 billion.
At the same time, Morgan Stanley analyst Keith Weiss has lowered his Oracle price target from $213 to $207, arguing that fiscal Q3 performance improved confidence in demand but did not assuage the uncertainty regarding costs, financing, and margin profiles.
Now, most of the attention is on Oracle’s upcoming dividend payment scheduled for tomorrow, April 24, when the technology leader is expected to reward investors as of April 9 with the second dividend of 2026.
How much will 100 Oracle shares earn tomorrow?
Specifically, Oracle will distribute a dividend of $0.5 per share on April 24. As such, the payment remains unchanged from the previous one issued on January 23.
Thus, investors holding 100 ORCL shares will once again receive $50 in quarterly dividends. According to the current estimates, the next pay date is set for July 24, with no changes in the amount paid announced as of yet.
In more detail, the company offers a forward dividend yield of 1.07% (slightly below the average of 1.37%), translating to an annual dividend of $2.00 per share. The forward payout ratio stands at 18.55%, indicating that Oracle distributes less than a fifth of its earnings as dividends.
As mentioned, dividend payments are issued on a quarterly basis, aligning with standard practices of most large-cap U.S. technology firms. However, Oracle’s track record of dividend growth remains limited, with just one year of consecutive increases, implying that income stability is not yet a core feature of its shareholder return strategy.
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